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$749,000

4 Beds 4 Baths 2,605 SQFT 0.06 Acres
Type: Single Family

74 CATHCART Street
Hamilton, ON L8R1M5

MLS#: 40865234
William Schrader
William Schrader
Condo Digs
Sales Representative
Phone: 437.688.5050
Office: 647.417.9995
Presented by: RE/MAX Escarpment Realty Inc.

Property Description

 

Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas. (id:7434)


 

Interior Features

Bedrooms

Bedrooms3+1

Other Interior Features

Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Construction Style AttachmentDetached
Living Area Range2,605 sqft

General

AmenitiesHospital, Park, Public Transit, Shopping
Building Architectural StyleOther
Building Cooling TypeCentral air conditioning
Building TypeHouse
Building.StoriesTotal1.5
Location DescriptionWellington St N to Cannon St E to Cathcart St
Ownership TypeFreehold
Parking Space Total2
Property TypeSingle Family
Zoning DescriptionD5

Exterior

Exterior FinishBrick
Land AmenitiesHospital, Park, Public Transit, Shopping
SewerMunicipal sewage system

Additional Details

  

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$749,000

4 Beds 4 Baths 2,605 SQFT 0.06 Acres
Type: Single Family

74 CATHCART Street
Hamilton, ON L8R1M5

MLS#: 40865234
William Schrader
William Schrader
Condo Digs
Sales Representative
Phone: 437.688.5050
Office: 647.417.9995
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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