4 Bedroom
4 Bathroom
2605 sqft
Central Air Conditioning
Forced Air
$769,000
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. Two of the 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. The vacant lower-level unit was previously rented for $1,300/month, providing an opportunity to set a new rental rate or keep the space available for personal use. 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 multi unit property to their portfolio. Separately metred for hydro/gas. (id:46441)
Property Details
|
MLS® Number
|
40854025 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Hospital, Park, Public Transit, Shopping |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
4 |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1899 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2605 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Highway Nearby |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Public Transit, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
120 Ft |
|
Size Frontage
|
22 Ft |
|
Size Irregular
|
0.06 |
|
Size Total
|
0.06 Ac|under 1/2 Acre |
|
Size Total Text
|
0.06 Ac|under 1/2 Acre |
|
Zoning Description
|
D5 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
4pc Bathroom |
|
|
Measurements not available |
|
Second Level |
Bedroom |
|
|
12'0'' x 10'5'' |
|
Second Level |
Living Room |
|
|
16'5'' x 13'3'' |
|
Second Level |
Kitchen |
|
|
16'5'' x 14'7'' |
|
Third Level |
4pc Bathroom |
|
|
Measurements not available |
|
Third Level |
Laundry Room |
|
|
5'2'' x 6'8'' |
|
Third Level |
Primary Bedroom |
|
|
10'11'' x 12'2'' |
|
Basement |
Laundry Room |
|
|
5'3'' x 7'1'' |
|
Basement |
4pc Bathroom |
|
|
Measurements not available |
|
Basement |
Bedroom |
|
|
10'2'' x 10'6'' |
|
Basement |
Kitchen |
|
|
6'11'' x 9'3'' |
|
Basement |
Living Room |
|
|
9'1'' x 27'3'' |
|
Main Level |
4pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Laundry Room |
|
|
Measurements not available |
|
Main Level |
Bedroom |
|
|
9'4'' x 12'1'' |
|
Main Level |
Living Room |
|
|
13'1'' x 12'4'' |
|
Main Level |
Kitchen |
|
|
12'10'' x 13'4'' |
https://www.realtor.ca/real-estate/30142738/74-cathcart-street-hamilton