Detached Home for Sale

MLS# H4081680 Price: $809,900



Property Description

A legal non-conforming three-family home in east Hamilton is truly a rare find! This unsuspecting home is nestled amongst single-family homes, offers 3 spacious units, plenty of parking and is situated in a quiet neighbourhood - all while being walking distance to: schools, parks, transit and a quick drive to highway access points. Projected gross annual income is approximately $50,000. Two of the units have fantastic tenants wishing to stay, the third unit will be vacant at the end of July and the garage is currently rented separately. A Pro forma is available with all actual/projected rents. Updates since 2015, include: kitchen cabinets in 2 units, flooring, painting, brick repointing, flat roof (back), shingles, gas boiler, washers/dryers, vanities, garage door and more. Rents include heat and water, tenants pay for hydro (separate metres).

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What's your Walk Score? 66 Somewhat Walkable

What's your Transit Score? 55 Good Transit

Property Details: 124 Paling Avenue (near Maint St/Strathearne )
Listing# 31476


Location

Address 124 Paling Avenue
City Hamilton
Cross Streets Maint St/Strathearne
District Hamilton East (23)
Neighbourhood Homeside (231)
Listing Agents Paul Makarenko / Adam Clermont

Description

Sub Type 3 Units Type Detached
Price $ 809,900 Lease Rate Per For Sale
Style 2 Storey Approx. Age 51-99 Years
Location Hamilton Construction Brick
Heating Radiant
Hot Water
Square Footage 2273

Features

Property Features Separate Hydro Meters Garage Detached

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