Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% downpayment, 4.25% interest rate, 30 year amortization enables positive cash flow! (id:4069)
Address
99 EAST 36TH Street
List Price
$699,900
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
3
Bathrooms
2
Floor Area
1,387 Sq. Ft.
Year Built
1950
MLS® Number
40777737
Listing Brokerage
Revel Realty Inc.
Basement Area
Full (Finished)
Postal Code
L8V3Z2
Zoning
R1
Site Influences
Hospital, Park, Place of Worship, Public Transit, Schools
Features
Automatic Garage Door Opener
