$ 678.000

260 Prospect Street S, Hamilton Blakeley

  • Bedrooms: 4
  • Bathrooms: 2
  • Type: Duplex
  • Added: 52 days ago
  • Updated: 12 days ago
  • Last Checked: 11 minutes ago
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:1945)
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Property Details

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Structure Type: Duplex
  • Exterior Features: Aluminum siding

Interior Features

  • Basement: Unfinished, Separate entrance, N/A
  • Appliances: Washer, Refrigerator, Dishwasher, Dryer, Two stoves
  • Bedrooms Total: 4

Exterior & Lot Features

  • Water Source: Municipal water
  • Parking Total: 4
  • Parking Features: Detached Garage
  • Lot Size Dimensions: 50 x 100 FT

Location & Community

  • Directions: Cumberland Avenue
  • Street Dir Suffix: South

Utilities & Systems

  • Sewer: Sanitary sewer
  • Utilities: Sewer, Cable

Tax & Legal Information

  • Tax Annual Amount: 3922
  • Zoning Description: Duplex
Room Dimensions
Type Level Dimensions
Living room Main level 3.3 x 3.56
Bedroom Main level 2.9 x 3.1
Bedroom 2 Main level 2.59 x 3.5
Kitchen Main level 3.35 x 3.66
Dining room Main level 3.05 x 3.81
Living room Upper Level 3.86 x 5.08
Bedroom Upper Level 3.35 x 3.51
Bedroom Upper Level 3.35 x 2.9
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Nearby Places

Name
Type
Address
Distance
Juravinski Cancer Centre
Hospital
699 Concession St
0.9 km
Parkview Secondary School
School
60 Balsam Ave N
1.2 km
Tim Hortons Field
Stadium
75 Balsam Ave N
1.2 km
Cathedral High School
School
30 Wentworth St N
1.6 km
Hamilton
Locality
Hamilton
2.6 km
Hamilton General Hospital
Hospital
237 Barton St E
2.6 km
Beasley Park
Park
Hamilton
2.8 km
Slainte Irish Pub
Bar
33 Bowen St
2.8 km
Barton Secondary School
School
75 Palmer Rd
3.0 km
Hamilton Conservatory For The Arts
School
126 James St S
3.1 km
Jackson Square
Shopping mall
2 King St W
3.3 km
Canadian Football Hall of Fame & Museum
Museum
58 Jackson St W
3.3 km

Demographic Information

Neighbourhood Education
Master's degree 10
Bachelor's degree 50
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 20
College 80
University degree at bachelor level or above 65
Neighbourhood Marital Status Stat
Married 135
Widowed 10
Divorced 40
Separated 15
Never married 155
Living common law 55
Married or living common law 190
Not married and not living common law 220
Neighbourhood Construction Date
1961 to 1980 20
1991 to 2000 10
1960 or before 190
More Details?
  • KEN KLINAFTAKIS
  • HARVEY KALLES REAL ESTATE LTD.
  • 416-441-2888