80 Maclennan Avenue, Hamilton, ON L8V 1X6
- $999,000
- 6
- BD
- 4
- BA
- 2,500
- SqFt
- List Price
- $999,000
- MLS#
- X13529670
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- 2-Storey
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2500-3000
- Province
- ON
- Municipality
- Hamilton
- Area
- Hamilton
- Neighborhood
- Burkholme
- Subdivision
- Fennell Ave E & E 25th St
Property Description
Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.
Additional Information
- Taxes
- $6,228
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 2
- Exterior
- Aluminum Siding, Brick
- Garage Spaces
- 1
- Garage Type
- Attached
- Pool
- None
- Parking Spaces
- 5
Mortgage Calculator
Listing courtesy of EXP REALTY.