74 Cathcart Street,Hamilton, ON L8R1M5
Hamilton, ON L8R1M5
Description
Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and the lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas. (id:13843)
Details
| MLS # | 40865225 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1899 |
| Days On Site | 33 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Kimberly Hall |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,605 |
| Basement | Y |
| Story(s) | 1 |
| Units | 3 |
| Zoning | D5 |
| Acreage | 0.06 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 2 |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4936 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8R1M5 |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $749,000 low | high Med: $209,900 sqft: 2,605 low | high Med: 627 $ / sqft: $288 low | high Med: $335 On site: 33 low | high Med: 8 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8R1M5 |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $749,000 low | high Med: $209,900 sqft: 2,605 low | high Med: 627 $ / sqft: $288 low | high Med: $335 On site: 33 low | high Med: 8 | |
