6 Bedroom
3 Bathroom
2000 - 2500 sqft
Fireplace
Central Air Conditioning, Wall Unit
Forced Air, Heat Pump
$875,000
Exceptional opportunity to acquire a well-maintained three-unit income property featuring three self-contained residential units in one of Hamilton's most desirable neighbourhoods. Offering approximately $60,000 in gross annual income potential based on current and market rents, with immediate upside through one vacant 2-bedroom unit, this property presents an excellent opportunity for investors to increase cash flow by leasing at market rent or for owner-occupiers to offset their mortgage with rental income from the remaining two units. The property offers a total of six bedrooms, three kitchens and three bathrooms. Three separate hydro meters allow tenants to pay their own electricity, while the landlord pays heat and water. Coin-operated laundry provides additional income, and one private driveway parking space is included. Ideally situated in the desirable Durand neighbourhood, on the doorstep of Kirkendall, just steps from Locke Street's vibrant shops, cafés and restaurants, and minutes from St. Joseph's Healthcare Hamilton, the Escarpment, parks, public transit, downtown Hamilton and convenient highway access. A rare opportunity to add a strong income-producing property with immediate upside to your portfolio in one of Hamilton's most established rental markets. Full financials available upon request. (id:60365)
Property Details
|
MLS® Number
|
X13580102 |
|
Property Type
|
Multi-family |
|
Community Name
|
Durand |
|
EquipmentType
|
Water Heater |
|
ParkingSpaceTotal
|
1 |
|
RentalEquipmentType
|
Water Heater |
Building
|
BathroomTotal
|
3 |
|
BedroomsAboveGround
|
5 |
|
BedroomsBelowGround
|
1 |
|
BedroomsTotal
|
6 |
|
Amenities
|
Fireplace(s), Separate Electricity Meters |
|
Appliances
|
Water Heater, Dryer, Stove, Washer, Refrigerator |
|
BasementDevelopment
|
Finished |
|
BasementFeatures
|
Apartment In Basement, Separate Entrance |
|
BasementType
|
N/a, N/a, N/a (finished) |
|
CoolingType
|
Central Air Conditioning, Wall Unit |
|
ExteriorFinish
|
Brick |
|
FireplacePresent
|
Yes |
|
FireplaceTotal
|
1 |
|
FoundationType
|
Unknown |
|
HeatingFuel
|
Electric, Natural Gas |
|
HeatingType
|
Forced Air, Heat Pump |
|
StoriesTotal
|
3 |
|
SizeInterior
|
2000 - 2500 Sqft |
|
Type
|
Other |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
SizeDepth
|
130 Ft |
|
SizeFrontage
|
25 Ft |
|
SizeIrregular
|
25 X 130 Ft |
|
SizeTotalText
|
25 X 130 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Living Room |
5.59 m |
3.35 m |
5.59 m x 3.35 m |
|
Second Level |
Dining Room |
3.1 m |
3.1 m |
3.1 m x 3.1 m |
|
Second Level |
Kitchen |
3.1 m |
4.1 m |
3.1 m x 4.1 m |
|
Second Level |
Bedroom |
3.65 m |
3.78 m |
3.65 m x 3.78 m |
|
Third Level |
Primary Bedroom |
3.85 m |
5.13 m |
3.85 m x 5.13 m |
|
Third Level |
Bedroom |
3.56 m |
5.99 m |
3.56 m x 5.99 m |
|
Basement |
Living Room |
5.05 m |
3.8 m |
5.05 m x 3.8 m |
|
Basement |
Kitchen |
2.29 m |
3.4 m |
2.29 m x 3.4 m |
|
Basement |
Primary Bedroom |
5.05 m |
2.97 m |
5.05 m x 2.97 m |
|
Main Level |
Living Room |
4.1 m |
3.95 m |
4.1 m x 3.95 m |
|
Main Level |
Primary Bedroom |
3.65 m |
4.55 m |
3.65 m x 4.55 m |
|
Main Level |
Bedroom |
2.74 m |
4.25 m |
2.74 m x 4.25 m |
|
Main Level |
Kitchen |
2.74 m |
4.25 m |
2.74 m x 4.25 m |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/30051750/317-queen-street-s-hamilton-durand-durand