260 PROSPECT STREET S, Hamilton (Blakeley)

2024-07-27
 

Quick Summary

Location
260 PROSPECT STREET S, Hamilton (Blakeley), Ontario L8M2Z9
Price
$678,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1099ft2
Bedrooms:
3 bed +1
Bathrooms:
2

MLS®#X9081533

Property Description

Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Hospital, Park, Schools

Building

  • Appliances: Dishwasher, Dryer, Refrigerator, Two stoves, Washer
  • Basement Development: Unfinished
  • Basement Features: Separate entrance
  • Basement Type: N/A (Unfinished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Aluminum siding
  • Fireplace: No
  • Interior Size: 1099.9909 - 1499.9875 sqft
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 50 x 100 FT|under 1/2 acre
  • Sewer: Sanitary sewer

Zoning

  • Description: Duplex

Information entered by HARVEY KALLES REAL ESTATE LTD.
Listing information last updated on: 2024-09-17 03:49:39


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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