Quick Summary
Quick Summary
- Legal duplex with separate units and meters
- Fully renovated with new appliances, flooring
- Updated heating, insulation, and roof
- Separate laundry setup in each unit
- Fully fenced private backyard
- Potential 6% cap rate for investors
- Close to LRT, financial district, entertainment
- New windows and A/C to be installed
Stinson area amazing value, renovated legal 2 family detached 2.5 storey home. LEGAL DUPLEX in highly desirable Stinson neighborhood. Unit 1 - main floor (1 bed 1 bath). Unit 2 - Upper 2 level with large loft( 3 bed 2 bath with loft)This legal Duplex is turnkey with load of updates. Each unit has a nice sized kitchen with brand new SS... Show More
Stinson area amazing value, renovated legal 2 family detached 2.5 storey home. LEGAL DUPLEX in highly desirable Stinson neighborhood. Unit 1 - main floor (1 bed 1 bath). Unit 2 - Upper 2 level with large loft( 3 bed 2 bath with loft)This legal Duplex is turnkey with load of updates. Each unit has a nice sized kitchen with brand new SS stove & refrigerator(2023) High end hardwood flooring throughout(2023). Updated forced air gas heating (2023) with newer furnace. Brand new insulation done in loft level (2023), roof shingles (2022), owned hot water tank (newer), Separate laundry set up in each unit. Fully fenced Private backyard. Separate hydro meters. INVESTORS potential 6% cap rate in this turnkey property. Main floor unit rented to AAA tenants. Upper unit in high rental demand is vacant. For Buyers who would like to live in this hip area in larger upper unit, take advantage of additional income, fantastic tenants at the property on main floor to assist with mortgage payment. Don't miss out to secure a lovely home in the heart of downtown close to financial district, entertainment area. LRT to be at your door step with direct connection to Hamilton GO. Take advantage of the great value before property price jump, imminent in the Hamilton core. **** EXTRAS **** New windows (dining room & loft), new A/C to be installed before closing. Pictures done before tenants moved in. (id:54626)
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Property Details
Size
Build
Heating & Cooling
Rooms
Family room
9′1″ x 11′1″
Kitchen
8′2″ x 9′8″
Bedroom 2
Bedroom
Bedroom 3
9′1″ x 13′6″
Bedroom 4
8′11″ x 9′8″
Bedroom 5
13′5″ x 25′7″
Ownership Details
Ownership
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For Sale Nearby
Sold Nearby
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