Hamilton, Stinson, L8N 2X3
$949,900
Listed by Revel Realty Inc..
Beautifully renovated (inside and out) and converted (in late 2022) all brick 3 unit property (legal duplex + basement in-law suite) in the popular Stinson neighbourhood of Hamilton. Offering almost 3000 square feet across all units, this turn key investment presents healthy cash flow with 20% down payment, 2 seperate hydro meters, in-suite laundry and TWO VACANT UNITS ready fo new tenants or a perfect live/ rent oppourtunity. Units are made of of Upper - 1330 square foot 3 bedroom (+den), 2 full bath - AAA tenanted at $2626.56 (starting in June), Main - 824 square foot 1 bedroom, 1 bathroom (projected $1,700 +hydro + 30% of gas/water) & a Lower - 700 square foot 1 bedroom, 1 bathroom (projected $1500 + hydro + 24% gas/water) totalling ~$5800 + utilities in total gross income. Rarely offered with multiple vacant units in this market!
Built-in Microwave,Carbon Monoxide Detector,Dishwasher,Dryer,Microwave,Refrigerator,Stove,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.