260 Prospect St, Hamilton, Ontario L8M 2Z9
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$723,000*
Price/Sqft$534/sqft
Days On Market1 day
Est. Mortgage$2,912/mth
Tax Amount (2023)$3,922/yr
Description
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.
Property Details
Interior
Features
Main Floor
Living
3.30 x 3.56Br
2.90 x 3.102nd Br
2.59 x 3.50Kitchen
3.35 x 3.66Exterior
Features
Parking
Garage spaces 2
Garage type Detached
Other parking spaces 2
Total parking spaces 4
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X9081533_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X8152754_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X8084644_1-256.webp)
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