80 Maclennan Avenue, Hamilton (Burkholme), Ontario L8V1X6
Listing courtesy of EXP REALTY.
- $999,000
- 6
- BD
- 4
- BA
- List Price
- $999,000
- MLS®
- X13529670
- Days on Market
- 20
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 4
- Lot Size Dimensions
- 60 x 96.5 FT
- Subdivision
- Burkholme
Property Description
Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum. (id:5764)
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Additional Information
- Garage
- Yes
- Subdivision
- Burkholme
- Parking Spaces
- 5
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Sanitary sewer
- Heating
- Forced air, Natural gas
- Stories
- 2
