260 Prospect Street, Hamilton (Blakeley), Ontario L8M2Z9 is For Sale and has a listing price of 678,000. The property is located in the Blakeley neighbourhood. It's been on the website for 58 Days.
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. (id:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
07/26/2024 | X9081533 | $678,000 | For Sale | - | - |
Living room - Main | 3.3 m x 3.56 m |
Bedroom - Main | 2.9 m x 3.1 m |
Bedroom 2 - Main | 2.59 m x 3.5 m |
Kitchen - Main | 3.35 m x 3.66 m |
Dining room - Main | 3.05 m x 3.81 m |
Living room - Upper Level | 3.86 m x 5.08 m |
Bedroom - Upper Level | 3.35 m x 3.51 m |
Bedroom - Upper Level | 3.35 m x 2.9 m |