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50 Somerset Avenue Hamilton, ON - Image 150 Somerset Avenue Hamilton, ON - Image 250 Somerset Avenue Hamilton, ON - Image 350 Somerset Avenue Hamilton, ON - Image 450 Somerset Avenue Hamilton, ON - Image 550 Somerset Avenue Hamilton, ON - Image 650 Somerset Avenue Hamilton, ON - Image 750 Somerset Avenue Hamilton, ON - Image 850 Somerset Avenue Hamilton, ON - Image 950 Somerset Avenue Hamilton, ON - Image 1050 Somerset Avenue Hamilton, ON - Image 1150 Somerset Avenue Hamilton, ON - Image 1250 Somerset Avenue Hamilton, ON - Image 13

$549,900

4 Beds 3 Baths 1,366 SQFT 0.03 Acres
Type: Single Family

50 Somerset Avenue
Hamilton, ON L8L 2L5

MLS#: 40867400
Neve Dowey
Neve Dowey
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.


 

Interior Features

Bedrooms

Main Level Bedrooms1
Total Bedrooms4

Bathrooms

Half Baths0
Main Level Bathrooms1
Total Baths3

Kitchen

Kitchen LevelLower, Main, Second

Other Interior Features

Above Grade Finished Area1,366 sqft
Above Grade Finished Area Source0 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementSeparate Entrance, Full, Finished
Below Grade Finished Area708 sqft
Below Grade Finished Area Source0 sqft
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesHigh Speed Internet
Laundry FeaturesElectric Dryer Hookup, Multiple Locations

General

AppliancesWater Heater Owned, Refrigerator
Architectural StyleTraditional
Building Area Units0 sqft
CityHamilton
Construction MaterialsBrick
CoolingCentral Air
CountyHamilton
DirectionsQEW, 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
Elementary SchoolPrince Of Wales Elementary School, St. Ann Catholic Elementary School
Full Baths3
Garage Y/NNo
HeatingForced Air, Natural Gas
High SchoolBernie Custis Secondary School, Cathedral High School
Living Area1,366 sqft
Lot Size Square Feet1,306 sqft
Lot Size UnitsAcres
MLS Area20 - Hamilton Centre
MLS Area Minor200 - Gibson/Stipley
New ConstructionNo
Open Parking Spaces2
Patio/Porch FeaturesDeck, Porch
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofAsphalt Shing
Security FeaturesCarbon Monoxide Detector(s)
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Stories Count2
Total Rooms14
UtilitiesFibre Optics, Natural Gas Available, Recycling Pickup, Street Lights
Year Built1910
Year Built SourceAssessor
ZoningC

Exterior

Building Area Total2,074 sqft
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Frontage Length24 sqft
Frontage TypeSouth
InclusionsRefrigerator, Main Floor - Stove, Dishwasher, Built-In-Microwave, Washer & Dryer. 2nd Floor - Fridge, Stove, Dishwasher, Built-In-Microwave, Washer & Dryer. Lower Level - Fridge, Stove, Built-In-Microwave, Washer/Dryer Combo Unit. Hot Water Heater.
Lot Dimensions24.4 x 60
Lot FeaturesUrban, Rectangular, City Lot, Public Transit, Schools, Shopping Nearby
Lot Size Acres0.03
Lot Size Area0 sqft
Number of Buildings0
Total Parking2
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

  

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$549,900

4 Beds 3 Baths 1,366 SQFT 0.03 Acres
Type: Single Family

50 Somerset Avenue
Hamilton, ON L8L 2L5

MLS#: 40867400
Neve Dowey
Neve Dowey
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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