50 Somerset Ave, Hamilton, Ontario L8L 2L5
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$433/sqft
Monthly cost
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Description
FULLY VACANT LEGAL DUPLEX WITH THREE UNITS AND STRONG INCOME POTENTIAL. Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient Hamilton location come together in an investment property positioned for income from the start.
Property Details
Interior
Features
Main Floor
Kitchen
4.55 x 3.05Br
3.05 x 2.97Combined W/Sitting
Bathroom
3.38 x 1.04Laundry
0.76 x 0.74Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 2
Property History
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