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65 Aikman Avenue Hamilton, Ontario L8M 1P8

6 Bedroom 2 Bathroom 1720
None Forced Air

$799,000

Contemplating Early Retirement? Need Some Independence From Your Kids or Parents? Investor? This Legal Duplex With A Detached Garage Could Be The Answer. Renovated In 2016 With Permits, Both Units Offer 3 Bedrooms, A 4-Piece Bathroom, Renovated Kitchens, In-Suite Laundry, Private Parking In Front & Back Of The Property, Separate Hydro Meters, Separate Entrances And A Shared Yard. The Main Floor Unit Is Vacant And The Upper Unit Is Vacant As Of June 15, 2022, Which Presents An Opportunity To Live In The Unit Of Your Choice While Renting The Other Or Rent Out Both. The Main Floor Unit Can Be Rented At $1,800 Per Month + Hydro While The Upper Unit Can Be Rented At $1,900 Per Month + Hydro. With A Projected Yearly Income Of $44,400 And Estimated Yearly Expenses Of $12,120 You Can Have An Noi Of $32,280 And A Cap Rate Of 4.04%. (id:29282)

Property Details

MLS® Number 40243543
Property Type Multi-family
Amenities Near By Hospital, Park, Playground, Public Transit, Schools
Community Features High Traffic Area
Equipment Type Water Heater
Features Southern Exposure, Park/reserve
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Total 6
Appliances Water Meter
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1905
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1720
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Park, Playground, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 24 Ft
Size Total Text Under 1/2 Acre
Zoning Description E

https://www.realtor.ca/real-estate/24307404/65-aikman-avenue-hamilton

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