50 Somerset Avenue, Hamilton, Ontario

$549,900

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4

Beds

3

Baths

2,074

Square feet

0.03

Acres

About 50 Somerset Avenue

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. Some photos have been virtually staged. (id:6289)

Features of 50 Somerset Avenue

Listing # 40867400
Price $549,900
Bedrooms 4
Bathrooms 3.00
Square Footage 2,074
Acres 0.03
Year Built 1910
Type Single Family
Sub-Type House
Style Other

Community Information

Address 50 Somerset Avenue
Subdivision 200 - Gibson/Stipley
City Hamilton
Province Ontario
Postal Code L8L2L5

Amenities

Utilities Natural Gas
Parking Spaces 2
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick
Lot Description 0.03

Listing Details

OfficeYour Home Sold Guaranteed Realty Elite

Listing Map

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