
171 Stone Church Rd E
Stone Church Rd E, Jerome, Hamilton, ON, L9A 5K2



INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is... Show More
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one & will not last. Priced to be sold quick since Selers are offloading their properties; Buyers -take advantage of our time-crunch needing this to be sold. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
3pc Bathroom
8′0″ x 10′0″
Bedroom
12′0″ x 12′0″
Bedroom
12′0″ x 12′0″
Bedroom
35′0″ x 15′0″
Bedroom
11′0″ x 10′0″
Bedroom
12′0″ x 12′0″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby

- 2,500 - 3,000 Sq. Ft.
- 3
- 3

- 3
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- 3
- 4

- 2,500 - 3,000 Sq. Ft.
- 5
- 3

- 1,500 - 2,000 Sq. Ft.
- 3
- 3

- 3,500 - 5,000 Sq. Ft.
- 6
- 5

- 2,000 - 2,500 Sq. Ft.
- 4
- 3

- 1,500 - 2,000 Sq. Ft.
- 3
- 4
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