7 Bedroom
3 Bathroom
2,000 - 2,500 ft2
Window Air Conditioner
Forced Air
$759,900
Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. The loft unit is currently and intentionally kept vacant in case new owner wishes to live in it while renting floors below. Loft unit had been rented for 1450 for documented monthly. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome. (id:50976)
Property Details
|
MLS® Number
|
X12517690 |
|
Property Type
|
Multi-family |
|
Community Name
|
Gibson |
|
Amenities Near By
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
|
Community Features
|
School Bus |
|
Equipment Type
|
Water Heater |
|
Features
|
Lane, In-law Suite |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
7 |
|
Bedrooms Total
|
7 |
|
Age
|
100+ Years |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Range, Water Heater - Tankless, Water Heater, Water Meter, Dryer, Microwave, Alarm System, Stove, Washer, Refrigerator |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
Full |
|
Cooling Type
|
Window Air Conditioner |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Fire Protection
|
Smoke Detectors |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
2,000 - 2,500 Ft2 |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
94 Ft |
|
Size Frontage
|
26 Ft |
|
Size Irregular
|
26 X 94 Ft |
|
Size Total Text
|
26 X 94 Ft|under 1/2 Acre |
|
Zoning Description
|
D |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom 4 |
4.47 m |
3.3 m |
4.47 m x 3.3 m |
|
Second Level |
Bedroom 5 |
3.99 m |
2.79 m |
3.99 m x 2.79 m |
|
Second Level |
Bedroom |
3.53 m |
3.05 m |
3.53 m x 3.05 m |
|
Second Level |
Kitchen |
3.05 m |
3.05 m |
3.05 m x 3.05 m |
|
Third Level |
Family Room |
4.27 m |
3.66 m |
4.27 m x 3.66 m |
|
Third Level |
Kitchen |
4.11 m |
3.96 m |
4.11 m x 3.96 m |
|
Main Level |
Kitchen |
3.56 m |
2.97 m |
3.56 m x 2.97 m |
|
Main Level |
Bedroom |
4.06 m |
3.96 m |
4.06 m x 3.96 m |
|
Main Level |
Bedroom 2 |
5.05 m |
3.15 m |
5.05 m x 3.15 m |
|
Main Level |
Bedroom 3 |
4.5 m |
3.66 m |
4.5 m x 3.66 m |
https://www.realtor.ca/real-estate/29076244/125-sanford-avenue-n-hamilton-gibson-gibson
