99 EAST 36TH Street Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8V3Z2
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,387 sqft
Price per Sqft $504
Subdivision 174 - Raleigh
MLS Listing ID 40777737
Bedrooms 3
Year Built 1950
Property Sub-Type Freehold
Property Description
Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% downpayment, 4.25% interest rate, 30 year amortization enables positive cash flow! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features Community Centre,School Bus
View Y/N No
Building
Story 1
Sewer Municipal sewage system