260 Prospect Street South, Hamilton
Home for Sale

$678,000
List Price
1100-1500
Square Feet
3 bed + den
2 bath

MLS#: X9081533

About this Listing

Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.



Broker: Harvey Kalles Real Estate Ltd

Listing Details

$3,922
Taxes

50x100
Lot Size

Sep Entrance, Unfinished
Basement

Rooms

NameAttributesDimensions (LxW)
Living3.3 x 3.56
Br2.9 x 3.1
2nd Br2.59 x 3.5
Kitchen3.35 x 3.66
Dining3.05 x 3.81
Living3.86 x 5.08
Br3.35 x 3.51
Br3.35 x 2.9

Area

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