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$ 749,000
Est. payment /mo
Price Dropped by $40K
56 Erie AVE Hamilton, ON L8N 2W6
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Stinson
MLS Listing ID X12021311
Style 3-Storey
Bedrooms 5
Annual Tax Amount $5,097
Tax Year 2024
Property Sub-Type Triplex
Property Description
Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of Hamilton! This well-maintained 3-unit property offers attractive rental income with Unit 3 becoming vacant on May 1stperfect for an investor or a savvy buyer looking to live in one unit while renting out the others. Current Rents (All Inclusive of Utilities): Unit 1 $1,890/month [2-bed, 1-bath]; Unit 2 $1,895/month (In-Suite Laundry! + 2 Storey Unit with 2-bedrooms AND 2 BATHROOMS IN UNIT); Unit 3 $1,340/month [Bachelor + 1 Bed] (Vacant May 1st!) Additional income is generated through coin-operated laundry for Units 1 and 3. Street Parking is available for Tenants. You'll love this TURNKEY Investment Strong rental history with market rents. Dont miss outschedule a viewing today!
Location
State ON
County Hamilton
Community Stinson
Area Hamilton
Zoning D
Rooms
Basement Separate Entrance, Full
Kitchen 3
Interior
Interior Features Carpet Free, Water Heater
Cooling None
Inclusions All Appliances, All Washers & Dryers
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete Block
Lited by EXP REALTY