1 / 1450 SOMERSET Avenue
Hamilton, Ontario, L8L2L5
$549,900
Bedrooms
4
Bathrooms
3
Living area
2,074 square feet
Parking
2
Year built
1910
Lot size
0 acres
About this property
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. (id:66779)
Rooms
| Utility room | Lower level | 6'10'' x 11'10'' |
| 3pc Bathroom | Lower level | 5'2'' x 6'10'' |
| Bedroom | Lower level | 5'11'' x 17'5'' |
| Living room | Lower level | 10'10'' x 23'4'' |
| Kitchen | Lower level | 1'0'' x 7'2'' |
| Bedroom | Third level | 13'9'' x 18'7'' |
| 4pc Bathroom | Second level | 8'5'' x 10'6'' |
| Bedroom | Second level | 9'9'' x 13'11'' |
| Living room | Second level | 8'11'' x 10'11'' |
| Kitchen | Second level | 6'10'' x 6'5'' |
| Laundry room | Main level | 2'5'' x 2'6'' |
| 3pc Bathroom | Main level | 3'5'' x 11'1'' |
| Bedroom | Main level | 9'9'' x 10'0'' |
| Kitchen | Main level | 10'0'' x 14'11'' |
Details
- Sewer
- Municipal sewage system
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- List aor
- Cornerstone
- Stories
- 2.5
- Basement
- Finished, Full
- Utilities
- Natural Gas
- Year built
- 1,910
- Appliances
- Refrigerator
- Directions
- QEW, South on Red Hill Pkwy, West on Question Road, Continue West on Main Street E, North West on King Street E, North on Barnesdale Ave N, West on Somerset Ave
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- House
- Tax annual amount
- 3,379.19
- Exterior features
- Brick
- Lot size dimensions
- 0.03
- Zoning description
- C
- Architectural style
- Other
- Bedrooms above grade
- 3
- Bedrooms below grade
- 1
- Property attached
- No
- Above grade finished area
- 1,366
- Below grade finished area
- 708
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