171 Stone Church Rd, Hamilton, Ontario L9B 1A8

INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 NET ANNUALLY. This Renovated 16 - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances and quickly convertible to triplex, duplex or single family home. 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 deep so there is plenty room to enjoy outdoor space, or perhaps add a secondary suite in the rear. The double car, automatic garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17 & 18th room. The possibilities are endless with this one & will not last. Priced to be sold quick; Buyers -take advantage of our time-crunch needing this to be sold.

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Dishwasher,Dryer,Freezer,Garage Door Opener,Microwave,Range Hood,Refrigerator,Smoke Detector,Stove,Washer,Window Coverings,Other,Negotiable,All Existing Tenant's Last Month's Rent Deposit (Only Is Assuming The Tenants), Complete Copy Of Lease's appliances Included: Fridge X3, Freezer X1, Electric Stove/Oven X2, Microwave X 2, Elfs, Security Cameras, Garage Door Opener(S)