193 Burris Street, Hamilton (St. Clair), Ontario L8M2J7
Listing courtesy of EXP REALTY.
- $700,000
- 4
- BD
- 2
- BA
- List Price
- $700,000
- MLS®
- X13517426
- Days on Market
- 23
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size Dimensions
- 20.2 x 100 FT
- Subdivision
- St. Clair
Property Description
193 Burris St, Hamilton is an Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality. (id:5764)
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Additional Information
- Subdivision
- St. Clair
- Parking Spaces
- 1
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Sanitary sewer
- Heating
- Forced air, Natural gas
- Lot Features
- Lane
- Stories
- 2.5
