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$499,900
45 EAST BEND Avenue N
Hamilton, Ontario, Ontario, L8L7E1
MLS® Number: 40742676
Property description
Purpose-Built LEGAL Duplex! This incredible investment opportunity offers flexible possession and is perfect for first-time buyers, investors, or anyone looking for a strong mortgage helper. With a projected cap rate of 6.7%, you can set your own rents and maximize returns! Key Features: 2 completely separate hydro meters & panels, 1 gas meter with hot water heating, 1 water meter Private laundry on the main floor, Fireproofing between both units for safety & peace of mind, All copper wiring + copper/ABS plumbing, Vinyl windows. Recent Upgrades: Newer flooring on both levels, Roof (2012), Gas boiler (approx. 15 years). Location, Location, Location! Walking distance to Gage Park, Tim Hortons Field, Memorial Elementary, and Bernie Custis Secondary. Parking: 1 space out front, Oversized single garage with laneway access. Unit Details: Main floor has direct backyard access, Upper unit has its own private entrance, Seller will allow units to be rented prior to closing! Projected Rents: Upper: $1,600/month, Main floor + basement: $1,800/month, Expenses are actual, with water/sewer estimated. Motivated Seller – Don’t Miss Out!
Building information
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Utility Water
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Land information
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Courtesy of RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
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