$697,000
Status: For Sale
Legal duplex!!! Calling all investors looking for opportunity or homebuyers eager to get into the market. This house is perfectly situated in the high demand Blakely neighborhood. This property is fully leased, collecting approximate $41,000 annually with an NOI of $31,700 offering a compelling ROI, boasting a cap rate around 4.2%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can live in one unit while collecting rent thereby reducing 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.
| Price | :$697,000 |
| Property Taxes | :$3922.00 |
| Tax Year | :2023 |
| Bedrooms | :3 + 1 |
| No. of Rooms | :9 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Cumberland Avenue |
| Bathrooms | :2 |
| Fuel | :Gas |
| Elevator | :No |
| Approx Square Footage | :1100-1500 sqft |
| Living | :3.30 m x 3.56 m |
| 2nd Br | :2.59 m x 3.50 m |
| Dining | :3.05 m x 3.81 m |
| Br | :3.35 m x 3.51 m |
| Br | :2.90 m x 3.10 m |
| Kitchen | :3.35 m x 3.66 m |
| Living | :3.86 m x 5.08 m |
| Br | :3.35 m x 2.90 m |
| Exterior Finish | :Alum Siding |
| Internet | :Yes |
| Parking Space | :2 |
| Basement | :Sep Entrance |
| Garage | :Detached |
| Laundry Level | :Main |
| Park | :Park |
| Public Transit | :No |
| School | :No |
18 Mar, 2024
TREB #X8152754
Listed
$697000.0
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260 Prospect St S brings to you its latest residential development at a prime location in Hamilton, Ontario.
HARVEY KALLES REAL ESTATE LTD. presents 260 Prospect St S to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 697,000. 260 Prospect St S is the most luxurious Resedential nestled in Blakeley, Hamilton, Ontario Canada. 260 Prospect St S development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Duplex are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 260 Prospect St S embody modern sophistication combined with the charm of the classic.
The residents at 260 Prospect St S can enjoy exclusive access to an array of top-notch area size 1100-1500 sqft. Wait there’s more! 260 Prospect St S also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 3+1 beds, 2 baths.
Square Yards is offering Cashback amount of $3,485 on Booking the inventory, the project is live since 21 Days, there is 6.939999999999998% Drop in Price since 2024-03-18. Hamilton Real Estate offers mls multiple listing service from the real estate board of Hamilton. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
