50 SOMERSET Avenue, Hamilton, ON L8L2L5
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50 SOMERSET Avenue, Hamilton, ON L8L2L5
50 SOMERSET Avenue, Hamilton, ON L8L2L5
50 SOMERSET Avenue, Hamilton, ON L8L2L5
50 SOMERSET Avenue, Hamilton, ON L8L2L5
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Zoë Van Wyck

Zoë Van Wyck

+1(613) 851-9388
$ 549,900
Est. payment /mo
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50 SOMERSET Avenue Hamilton, ON L8L2L5

4 Beds

3 Baths

2,074 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2074

Square Footage 2,074 sqft

Price per Sqft $265

Subdivision 200 - Gibson/Stipley

MLS® Listing ID 40867400

Style Other

Bedrooms 4

Year Built 1910

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Freehold

Property Description

FULLY VACANT LEGAL DUPLEX WITH THREE UNITS AND STRONG INCOME POTENTIAL. Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient Hamilton location come together in an investment property positioned for income from the start. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 10'6'' x 8'5'' 4pc Bathroom

Extra Room 2 Second level 13'11'' x 9'9'' Bedroom

Extra Room 3 Second level 10'11'' x 8'11'' Living room

Extra Room 4 Second level 6'5'' x 6'10'' Kitchen

Extra Room 5 Third level 18'7'' x 13'9'' Bedroom

Extra Room 6 Lower level 11'10'' x 6'10'' Utility room

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Architectural Style Other

Others

Ownership Freehold

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Zoë Van Wyck

Zoë Van Wyck

Broker

+1(613) 851-9388

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50 SOMERSET Avenue