Exceptional investment opportunity in Hamilton! This spacious triplex with two recently renovated top to bottom units (including new windows) finished to a high standard. Bright, updated suites feature modern fixtures and improved energy efficiency and separate meters for ease of management. The basement offers clear potential to convert into an additional self-contained rental suite to increasing cash flow. Unit 1 rents: $930 +hydro, Unit 2: 1450+hydro , Unit 3: 1400+hydro. Detached garage rented for $500/month. This triplex offers a prime location with short walk to downtown Hamilton, shopping, schools, community centers and Tim Hortons Field (home of the Hamilton Tiger-Cats). Strong tenant demand in this neighbourhood makes vacancy low and rental upside attractive. The detached garage currently rented separately, providing immediate additional income and extra storage/parking flexibility. Perfect for investors or an owner-occupier seeking rental income. Solid long-term growth prospects, easy property management, and immediate revenue. Book your private viewing today! (id:4069)
Address
19 LOTTRIDGE Street
List Price
$675,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
4
Bathrooms
3
Floor Area
1,975 Sq. Ft.
Lot Size
0.04 Ac.
MLS® Number
40809051
Listing Brokerage
Flux Realty
Basement Area
Full (Unfinished)
Postal Code
L8L6T7
Zoning
R1A
Site Influences
Airport, Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Features
Conservation/green belt
