Hamilton, Landsdale, L8L 1P9
$749,900
Listed by Keller Williams Signature Realty, Brokerage.
Welcome to 460 King William Street, Hamilton - a prime corner property featuring a duplex plus a basement apartment, with three fully self-sufficient units. Each unit boasts separate entrances and no common areas, offering ultimate privacy for tenants. Recently renovated in 2021, this property features a brand-new basement unit and updated main and second floors. Each unit includes its own washer/dryer, central AC, and heat for modern convenience. Unit 1 (basement) has a private entrance between houses and pays its own hydro with a dedicated meter. Units 2 and 3 enjoy all-inclusive rents and separate entrances facing Ashley Street and King William Street, respectively. Parking is a breeze with two reserved spots on Ashley Street for Units 2 and 3, while street parking is available for the basement tenants. Conveniently located near downtown Hamilton and public transit, this property offers exceptional rental income potential. Financials: Total gross rent for the year 2024 is $50,300, with total expenses for the year projected at $9,163.47, making this an outstanding investment opportunity. Don't miss your chance to own this unique, income-generating property!
Dishwasher, Freezer, Gas Stove, Range Hood, Washer
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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.