167-169 Wilson Street, Hamilton, ON L8R 1E3 (Ferguson)

Price : $599,900.00 , MLS®# : X12585872

Description

Rare opportunity to own Side-by-side Legal Duplex Townhouses WITH MONTHLY POSITIVE CASH FLOW OF OVER $1200, in the vibrant neighborhood of Beasley in Downtown Hamilton with great Tenants paying market rents. 167 & 169 are both 3-bedroom Units with own street entrance and separate utility and tax accounts. These Units have been rented recently at market rent of $2100 a month each, plus all Utilities directly paid by Tenants. Both Units have been recently renovated with a fresh coat of paint and new Flooring in certain areas, and have a front Porch and private fenced Backyard. Tenants pay their own utilities directly to the suppliers, hence very low to no overheads for the Landlord to manage. This is a downtown property with zoning already in place to go up seven stories. Neighboring properties are also available, maybe even all the properties on this block.

Location Description

Ferguson

Property Details
  • Community: Beasley
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 6
  • Bath: 2
  • Garages: None
  • Annual Property Taxes : $ 2904.8
Building Features
  • Foundation Type: Concrete
  • Counstruction Material : Vinyl Siding
  • Total Parking Space : 0
  • Parking Type : None
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 16 sq.ft
  • Land Depth: 63sq.ft

Listing Contracted With: RIGHT AT HOME REALTY