50 Somerset Avenue, Hamilton, Ontario L8L 2L5

Listed for:
$549,900
4 beds
3 baths
Listed Today
House for rent: 50 Somerset Avenue, Hamilton, Ontario L8L 2L5

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About

QEW, South on Red Hill Pkwy, West on Question Road, Continue West on Main Street E, North West on King Street E, North on Barnesdale Ave N, West on Somerset Ave 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:27476)

Property Highlights

MLS® Number
40867400
Type
Single Family
Ownership Type
Freehold
Land Size
0.03 ac|under 1/2 acre
Parking Space Total
2

Building

Building Type
House
Storeys
2.50
Square Footage
2074 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
4
Amenities
Public Transit, Schools, Shopping
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

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

Location

Learn more about this property
Listing provided by:
Your Home Sold Guaranteed Realty Elite
MLS® number:
40867400
Agent:
Steve Augustine
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