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$549,900

4 Beds 3 Baths 2,074 SQFT 0.03 Acres
Type: Single Family

50 SOMERSET Avenue
Hamilton, ON L8L2L5

MLS#: 40867400
Akshay Sehgal
Akshay Sehgal
Condo Digs
Sales Representative
Phone: 647.259.8806
Office: 647.259.8806
Presented by: Your Home Sold Guaranteed Realty Elite

Property Description

 

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: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 Range2,074 sqft

General

AmenitiesPublic Transit, Schools, Shopping
Building AppliancesRefrigerator
Building Architectural StyleOther
Building Cooling TypeCentral air conditioning
Building TypeHouse
Building.StoriesTotal2.5
Location DescriptionQEW, 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
Ownership TypeFreehold
Parking Space Total2
Property TypeSingle Family
Zoning DescriptionC

Exterior

Exterior FinishBrick
Land AmenitiesPublic Transit, Schools, Shopping
SewerMunicipal sewage system
StructurePorch

Additional Details

  

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$549,900

4 Beds 3 Baths 2,074 SQFT 0.03 Acres
Type: Single Family

50 SOMERSET Avenue
Hamilton, ON L8L2L5

MLS#: 40867400
Akshay Sehgal
Akshay Sehgal
Condo Digs
Sales Representative
Phone: 647.259.8806
Office: 647.259.8806
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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