260 PROSPECT STREET S, Hamilton , Ontario
$678,000
- 4 Beds
- 2 Baths
Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed. (id:23309)
- Listing ID: X9081533
- Property Type: Single Family
Schedule a Tour
Schedule Private Tour
Scott Brubacher would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Scott Brubacher, who specializes in Hamilton real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Scott Brubacher find a property to match your lifestyle.
Listing provided by HARVEY KALLES REAL ESTATE LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 260 PROSPECT STREET S in Hamilton Ontario. It was last modified on July 26th, 2024. Contact Scott Brubacher to schedule a viewing or to discover other Hamilton homes for sale.