80 MACLENNAN Avenue, Hamilton, ON L8V1X6
80 MACLENNAN Avenue, Hamilton, ON L8V1X6
80 MACLENNAN Avenue, Hamilton, ON L8V1X6
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$999,000
Est. payment /mo
6 Beds
4 Baths
2,896 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2896

Square Footage 2,896 sqft

Price per Sqft $344

Subdivision 177 - Burkhome

MLS® Listing ID 40845530

Bedrooms 6

Property Sub-Type Freehold

Appx SqFt 2896

Property Description

Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant paid 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Attached Garage Yes

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

Broker License ID: 9520476

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