167 - 169 WILSON Street, Hamilton, Ontario, L8R1E3

Property Description

Rare opportunity to own Side-by-side Legal Duplex Townhouses with POSITIVE CASH FLOW OF OVER $1200 EVERY MONTH. Yes, you read it right. Over $1200 a Month !! These Towns are located in the vibrant neighborhood of Beasley in Downtown Hamilton with great Tenants paying market rents. 167 & 169 both are 3-bedroom Units with own street entrance and separate utility and tax accounts. These Units have been rented recently at market rent of $2100 a month each, plus all Utilities directly paid by Tenants. Both Units have been recently renovated with a fresh coat of paint and new Flooring in certain areas, and have a front Porch and private fenced Backyard. Tenants pay their own utilities directly to the suppliers, hence very low to no overheads for the Landlord to manage. This is a downtown property with zoning already in place to go up seven stories. Neighboring properties are also available, maybe even all the properties on this block. (id:64974)

Quick Facts

• Property Type: Duplex (Freehold)
• Bedrooms: 6
• Bathrooms: 2
• Living Area: 2,096 sq ft (194.7 m²)
• Above Grade: 2,096 sq ft (194.7 m²)
• Ownership: Freehold
• Attached: Yes
• Lot Size: 0.0200 acres (0.01 ha)
• Frontage: 33 ft (10.1 m)

Costs

• Annual Taxes: $2,904.80

Listing Provided by: Right at Home Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.