45 East Bend Avenue N Hamilton, Ontario L8L 7E1
$499,900
Purpose-Built LEGAL Duplex! This incredible investment opportunity offers flexible possession and is perfect for first-time buyers, investors, or anyone looking for a strong mortgage helper. With a projected cap rate of 6.7%, you can set your own rents and maximize returns! Key Features: 2 completely separate hydro meters & panels, 1 gas meter with hot water heating, 1 water meter Private laundry on the main floor, Fireproofing between both units for safety & peace of mind, All copper wiring + copper/ABS plumbing, Vinyl windows. Recent Upgrades: Newer flooring on both levels, Roof (2012), Gas boiler (approx. 15 years). Location, Location, Location! Walking distance to Gage Park, Tim Hortons Field, Memorial Elementary, and Bernie Custis Secondary. Parking: 1 space out front, Oversized single garage with laneway access. Unit Details: Main floor has direct backyard access, Upper unit has its own private entrance, Seller will allow units to be rented prior to closing! Projected Rents: Upper: $1,600/month, Main floor + basement: $1,800/month, Expenses are actual, with water/sewer estimated. Motivated Seller – Don’t Miss Out! (id:50886)
Property Details
MLS® Number | 40742676 |
Property Type | Multi-family |
Amenities Near By | Park, Playground, Public Transit, Schools, Shopping |
Equipment Type | Water Heater |
Parking Space Total | 2 |
Rental Equipment Type | Water Heater |
Structure | Porch |
Building
Bathroom Total | 2 |
Bedrooms Total | 4 |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Constructed Date | 1915 |
Cooling Type | None |
Exterior Finish | Brick |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Stories Total | 2 |
Size Interior | 1,386 Ft2 |
Type | Duplex |
Utility Water | Municipal Water |
Parking
Detached Garage |
Land
Acreage | No |
Fence Type | Fence |
Land Amenities | Park, Playground, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 100 Ft |
Size Frontage | 31 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | D |
https://www.realtor.ca/real-estate/28502139/45-east-bend-avenue-n-hamilton
Contact Us
Contact us for more information
Joe Romeo
Broker
(519) 740-7230
www.joeromeo.com/
1400 Bishop St. N, Suite B
Cambridge, Ontario N1R 6W8
(519) 740-3690
(519) 740-7230
www.remaxtwincity.com/