Hamilton, Bonnington, L9C 3J5
$799,000
Listed by COLDWELL BANKER COMMUNITY PROFESSIONALS.
Brick bungalow nestled on great lot just off West 5th minute walk to Mohawk College, near public transit, Lincoln Alexander Parkway and great shopping. Investors are going to want to pay attention to this one as this home is used as a rental and is currently tenanted with a great rents of $56,400 and a net income of $46,000 and a cap rate of 5.75%. The main level has four bedrooms, kitchen and a family bath. There's a separate side entrance that takes you to the 2 car driveway parking, lush fenced backyard, as well as the lower level. The lower level has a rec room and three additional bedrooms with a 3pc bath. Add this amazing rental property to your portfolio!
Financials in supplements. Lease agreement available upon request. Tenants would like to stay. House being sold as is where is. Two fridges under one year old and a newer stove.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.