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125 Sanford Avenue N

Sanford Ave N, Gibson, Hamilton, ON, L8L 5Z4

-
Beds
-
Baths
2,203
Sq. Ft.
$799,900
List Price
Details
Photos
44
Comparables
History
125 Sanford Avenue N, Hamilton, ON - 1 of 3
125 Sanford Avenue N, Hamilton, ON - 2 of 3
125 Sanford Avenue N, Hamilton, ON - 3 of 3
New
9 days on market

Quick Summary

  • Profitable legal duplex generating $71,268 annually
  • Potential to generate $74,868 in annual gross rent
  • Well-maintained property with recent major renovations
  • Separate side entrance to spacious basement with storage
  • Newly installed furnace, tankless water heater, and flat roof
  • Loft unit recently rented for $1,450 per month
  • Smoke-free and pet-free property
  • Exceptional investment opportunity to enhance portfolio

Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex currently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace... Show More

Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex currently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio. (id:54626)

Property Details

Size

2,203 sq. ft.
across 2 floors
0 Beds
0 Baths

Parking

4 Parking Spaces
No Garage

Lot

Size
312′0″ * 1127′12″
Acres
-

Build

Year Built
1889
Model Name
-
Basement
Partially finished
Exterior
Brick, Vinyl siding
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Lake/River Water Intake, Municipal water
Sewer
Municipal sewage system
SHOW LESS

Source

Listing Brokerage

MLS® Listing
H4197919
Last Updated
June 21, 2024
Brokerage
Keller Williams Complete Realty
Powered by: REALTOR.ca
Call us 800-591-0566

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