158 Hunter Street E Hamilton, Ontario L8N 1M7

3 Bedroom 5 Bathroom 2,385 sqft
Central Air Conditioning Forced Air

$1,049,000

$90,840 GROSS ANNUAL RENT | $71,929 NET INCOME | 6.86% CAP RATE AT CURRENT LIST PRICE. A compelling opportunity for investors seeking strong cash flow without taking on a major renovation project. Configured & operated as four self-contained rental suites, the property has undergone extensive upgrades, including: new roof & eaves, furnace & A/C, sewer line to the City, updated copper water line, backwater valve, 200-amp electrical service with separated panels, updated plumbing, windows, HVAC distribution, foundation restoration, exterior grading correction, and significant interior renovations. City inspected during permitted renovations to confirm compliance with fire/life-safety upgrades consistent with multi-residential standards, including hardwired smoke detectors and fire-rated insulation/drywall between suites. Approximately 2,385 sq ft (MPAC), with in-suite laundry throughout, updated kitchens & bathrooms, and excellent tenant appeal. Located in Corktown steps from Hamilton GO Centre, St. Joseph's Healthcare, parks, the rail trail, Augusta Street restaurants, and downtown. Full income and expense breakdown available. (id:50787)

Property Details

MLS® Number 40869427
Property Type Single Family
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Shopping
Communication Type High Speed Internet
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Water Meter, Water Softener
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1885
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stucco, Vinyl Siding
Fire Protection Security System
Foundation Type Stone
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2,385 Sqft
Type Row / Townhouse
Utility Water Municipal Water

Parking

None

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 98 Ft
Size Frontage 19 Ft
Size Irregular 0.04
Size Total 0.04 Ac|under 1/2 Acre
Size Total Text 0.04 Ac|under 1/2 Acre
Zoning Description Lmr-2

Rooms

Level Type Dimensions
Second Level 2pc Bathroom 4'3'' x 3'8''
Second Level Living Room 15'3'' x 8'1''
Second Level Kitchen 18'2'' x 9'0''
Second Level Bedroom 11'4'' x 9'7''
Second Level 3pc Bathroom 6'6'' x 5'1''
Second Level Living Room 11'11'' x 9'3''
Second Level Kitchen 11'11'' x 8'9''
Third Level 3pc Bathroom 10'5'' x 5'7''
Third Level Bedroom 26'10'' x 17'7''
Basement Storage 11'1'' x 10'6''
Basement Other 38'2'' x 16'7''
Basement Utility Room 7'6'' x 5'8''
Main Level Foyer 21'6'' x 5'9''
Main Level Storage 9'11'' x 3'7''
Main Level Bedroom 12'4'' x 11'9''
Main Level 3pc Bathroom 8'2'' x 7'1''
Main Level Living Room 11'11'' x 9'5''
Main Level Kitchen 11'11'' x 8'1''
Main Level 3pc Bathroom 7'5'' x 7'3''
Main Level Great Room 11'3'' x 10'8''
Main Level Kitchen 15'6'' x 11'3''

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/30370528/158-hunter-street-e-hamilton

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