171 STONE CHURCH Road E

Hamilton

,

Ontario

INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one & will not last. Priced to be sold quick since Selers are offloading their properties; Buyers -take advantage of our time-crunch needing this to be sold. (id:6355)

Listing ID: 40706545 Transaction Type: For sale Bedrooms: 16 Bathrooms: 4 Kitchens: 1 Constructed Date: 1948 Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: under 1/2 acre Land Size Irregular: Building Size Interior: 3700 sqft Building Utility Water: Municipal water Building Heating Type: Radiant heat, Stove Building Cooling Type: None Building Fixture: Land Sewer: Municipal sewage system Storage Type: Courtesy Of: Revel Realty Inc. Basement:

Your Name:
Email:	Phone:
Send me an occasional newsletter about properties in my area
No obligation. We value your privacy, and never share your information with anyone.

Community:

Powered by GAVAMEDIA®