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$ 725,000
Est. payment /mo
Price Dropped by $24K
56 Erie AVE Hamilton, ON L8N 2W6
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Stinson
MLS Listing ID X12021311
Style 3-Storey
Bedrooms 5
Annual Tax Amount $5,097
Tax Year 2024
Property Sub-Type Triplex
Property Description
Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of Hamilton! This well-maintained 3-unit property offers attractive rental income with Unit 3 becoming vacant on May 1stperfect for an investor or a savvy buyer looking to live in one unit while renting out the others. Current Rents (All Inclusive of Utilities): Unit 1 $1,890/month [2-bed, 1-bath]; Unit 2 $1,895/month (In-Suite Laundry! + 2 Storey Unit with 2-bedrooms AND 2 BATHROOMS IN UNIT); Unit 3 $1,340/month [Bachelor + 1 Bed] (Vacant May 1st!) Additional income is generated through coin-operated laundry for Units 1 and 3. Street Parking is available for Tenants. You'll love this TURNKEY Investment Strong rental history with market rents. Dont miss outschedule a viewing today!
Location
Province ON
County Hamilton
Community Stinson
Area Hamilton
Rooms
Family Room No
Basement Separate Entrance, Full
Kitchen 3
Interior
Interior Features Carpet Free, Water Heater
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 150.0
Building
Foundation Concrete Block
Listed by EXP REALTY