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74 Cathcart Street, Hamilton, ON L8R 1M5

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  • Hamilton

74 Cathcart Street, Hamilton, ON L8R 1M5

74 Cathcart Street, Hamilton, ON L8R 1M5

$749,000

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Property ID:

 RH-1802951-property

Bedrooms
4
Bathrooms
4
Garage
No

Description

Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas.

Additional Details

  • Property Age: 100+
  • Property Sub Type: Duplex
  • Transaction Type: For Sale
  • Basement: Finished, Full, Walk-Up
  • Heating Source: Gas
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Parking Space: 2
  • Virtual Tour: https://view.doamedia.ca/74_cathcart_st-9982?branding=false
  • MLS Status: New

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