39 BROADWAY AVENUE

Hamilton (Ainslie Wood)

,

Ontario

An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing (2022), Updated Electrical (2016), New Furnace (2025), Concrete Walkway (2022) and Side Door Entrance (2023). Location is everything! Just a 2-minute walk to McMaster, Starbucks, Williams Cafe, Public Bus Stop and numerous other restaurants/shops, making this an ideal rental for students. The current lease expires in Apr 2025. Don't miss out on this high-demand investment, book your private showing today! (id:6355)

Listing ID: X11952957 Transaction Type: For sale Bedrooms: 6 Bathrooms: 3 Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: 45 x 140 FT|under 1/2 acre Land Size Irregular: 45 x 140 FT Building Size Interior: Building Utility Water: Municipal water Building Heating Type: Forced air Building Cooling Type: Central air conditioning Building Fixture: Land Sewer: Sanitary sewer Storage Type: Courtesy Of: EXP REALTY Basement:

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Community: Ainslie Wood

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