50 Somerset Avenue Hamilton, Ontario L8L 2L5

4 Bedroom 3 Bathroom 2,074 sqft
Other Central Air Conditioning Forced Air

$549,900

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:50787)

Property Details

MLS® Number 40867400
Property Type Single Family
Amenities Near By Public Transit, Schools, Shopping
Communication Type High Speed Internet
Equipment Type None
Parking Space Total 2
Rental Equipment Type None
Structure Porch

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances Refrigerator
Architectural Style Other
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1910
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2,074 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 60 Ft
Size Frontage 24 Ft
Size Irregular 0.03
Size Total 0.03 Ac|under 1/2 Acre
Size Total Text 0.03 Ac|under 1/2 Acre
Zoning Description C

Rooms

Level Type Dimensions
Second Level 4pc Bathroom 10'6'' x 8'5''
Second Level Bedroom 13'11'' x 9'9''
Second Level Living Room 10'11'' x 8'11''
Second Level Kitchen 6'5'' x 6'10''
Third Level Bedroom 18'7'' x 13'9''
Lower Level Utility Room 11'10'' x 6'10''
Lower Level 3pc Bathroom 6'10'' x 5'2''
Lower Level Bedroom 17'5'' x 5'11''
Lower Level Living Room 23'4'' x 10'10''
Lower Level Kitchen 7'2'' x 1'0''
Main Level Laundry Room 2'6'' x 2'5''
Main Level 3pc Bathroom 11'1'' x 3'5''
Main Level Bedroom 10'0'' x 9'9''
Main Level Kitchen 14'11'' x 10'0''

Utilities

Natural Gas Available

https://www.realtor.ca/real-estate/30355087/50-somerset-avenue-hamilton

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