80 MACLENNAN Avenue, Hamilton, Ontario L8V1X6
Listing courtesy of EXP REALTY OF CANADA INC.
- $999,000
- 6
- BD
- 4
- BA
- 2,896
- SqFt
- List Price
- $999,000
- MLS®
- 40845581
- Days on Market
- 20
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,896
- Subdivision
- 177 - Burkhome
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 pays 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:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 177 - Burkhome
- Parking Spaces
- 5
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Community Centre
- Heating
- Forced air, Natural gas
- Lot Features
- Private Yard
- Stories
- 2
