Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% down payment, 4.25% interest rate, 30 year amortization enables positive cash flow! (id:4555)
PROPERTY SPECS
Price $699,900
City Hamilton, Ontario
Bed / Bath 3 / 2 Full
Address 99 East 36th Street
Listing ID X12637764
Style Bungalow, Duplex
Parking 4.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
OwnershipFreeholdBasementFinished, Separate entrance, N/AHeating / CoolingForced air, Natural gasSewerSanitary sewerParking4.00