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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

74 CATHCART Street | Sanket Patel Calgary REALTOR(R)

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$769,000

For Sale

4 bed · 4 bath

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For Sale

$769,000

MLS® 40854825

74 CATHCART Street

Hamilton, Ontario, L8R1M5

Beds / Baths: 4 bed · 4 bath
Interior: 2,605 sqft
Property type: Multi-family
Building: Multi-family
Year built: 1899
Lot size: 0.06 acres

Property facts

Beds / Baths: 4 bed · 4 bath
Interior: 2,605 sqft
Property type: Multi-family
Building: Multi-family
Transaction: For Sale
Year built: 1899
Lot size: 0.06 acres
Parking: 2
Ownership: Freehold

About this property

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. Two of the 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. The vacant lower-level unit was previously rented for $1,300/month, providing an opportunity to set a new rental rate or keep the space available for personal use. 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 multi-unit property to their portfolio. Separately metred for hydro/gas. (id:53361)

Features & details

Sewer: Municipal sewage system
Water: Municipal water
Cooling: Central air conditioning
Heating: Forced air, Natural gas
Basement: Finished, Full
Exterior: Brick, Vinyl siding
Fireplace: false
Zoning: D5
Photos Count: 47
Tax Annual Amount: 4936
Originating System: Cornerstone Association of REALTORS®
Number Of Units Total: 3
Internet Address Display: true

Location

74 CATHCART Street, Hamilton, Ontario, L8R1M5

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