80 Maclennan Avenue, Hamilton, ON L8V 1X6
Listing courtesy of EXP REALTY OF CANADA INC.
- $999,000
- 6
- BD
- 4
- BA
- 2,896
- SqFt
- List Price
- $999,000
- Status
- ACTIVE
- Days on Market
- 23
- MLS® #
- 40845530
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,896
- Subdivision
- 177 - Burkholme
- Neighborhood
- 177 - Burkholme
- MLS Area Major
- Hamilton
Property Description
Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.
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Additional Information
- Interior Features
- Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
- Exterior Features
- Landscaped, Privacy, Storage Buildings
- Zoning
- C
- Appliances
- Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Heating
- Fireplace(s), Forced Air, Natural Gas
- Air Conditioning
- Central Air
- Stories
- 2
- Roof
- Asphalt Shing
- Parking Features
- Attached Garage, Exclusive
- Garage Spaces
- 1
Mortgage Calculator
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