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171 Stone Church Rd E

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

16
Beds
4
Baths
$1,299,900
List Price
Details
Photos
45
Comparables
History
171 Stone Church Rd E, Hamilton, ON - 1 of 3
171 Stone Church Rd E, Hamilton, ON - 2 of 3
171 Stone Church Rd E, Hamilton, ON - 3 of 3
New
4 days on market

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 & 19th room!

Property Details

Size

Sq. Ft. Not Available
16 Beds
16 Above Grade
4 Baths

Parking

6 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
Finished, Separate Entrance
Exterior
Brick
Foundation
Concrete Block
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Radiant
Cooling
None

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2025-01-01
Property Tax Amount
$3,302

Source

Listing Brokerage

MLS® Listing
X12008328
Last Updated
March 9, 2025
Brokerage
REVEL REALTY INC.
Call us 800-591-0566

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