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About the Listing HBRLPNRCRLTY - HBBROWNDE,HBWAKANNE
You really can't miss this value added 3-unit investment that not only makes a strong statement on the street, but is a strong investment too! Not only a bold facade, but a bold 8% potential cap rate make this solid triplex an ideal mix of immediate income and plenty of opportunity to be realized. The fully renovated rear one-bedroom unit is tenanted, while the front studio and second-floor one-bedroom are vacant and ready for updates, allowing you to set market rents and select tenants. Recent improvements include a complete frame-in renovation of the rear unit, as well as new furnace and hot water tank (2021), updated wiring with 200-amp breaker panel and some exterior brick repointing with the front and side painted (2022), rear stairs replaced (2019),. Two rear parking spaces on a concrete driveway with paved alley access, plus proximity to downtown and public transit routes makes it a very attractive prospect to tenants. A practical & profitable opportunity for investors to build long-term equity in an improving Lansdale neighbourhood.
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 3 Full
- Appliances: Dryer, Refrigerator, Stove, Washer
- Air Cond:
- Heating: Electric,Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1324
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other:
- Water: Municipal
Exterior Details
- Lot Description: Public Transit
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 23.58 x 95.85
- Zoning: D
- Roof: Asphalt Shing
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Lane/Alley Parking,Concrete
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 171840165
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
220 Emerald St N Hamilton, ON L8L 5K8
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