Hamilton, Crown Point, L8H 4K4
$899,900$000000
Listed by EXP REALTY.
Introducing 54 Frederick Ave a prime turnkey income producing investment nestled in the vibrant heart of Hamilton. This legal triplex is located at the corner of Frederick Ave and Britannia and boasts three fully equipped apartments, each with its own distinct charm. The main unit fronts on Frederick with 2 separate 1 bdrm units on Britannia. With separate hydro meters in place, there's no hassle just seamless renting and potential for personal enjoyment.Nestled in a desirable neighborhood, residents enjoy proximity to Tim Hortons Field, Centre Mall, schools, convenient transit options, and easy access to highways. Don't miss out on this exceptional opportunity for hassle-free investment or comfortable living. Vacant and ready for opportunity. Rent out all units or live in one and rent the other 2 - great multi generational home - the possibilities are endless.
Projected income: 3/4 Bedroom unit $2800/mth, 1 Bedroom unit (Upper) $1900/mth, 1 bedroom unit (main) $1800/mth. See attached schedulue for projected income/expenses and improvements : See Floor plans for layouts and room sizes
Kitchen
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Prim Bdrm
2nd Br
3rd Br
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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.