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$ 799,990

103 Briarwood Crescent, Hamilton, ON L9C 4C3

Hamilton, ON, L9C 4C3

MLS® Number : X12392182

5 Beds / 2 Baths / 5 Parking

Lot Front: 50.1 Feet / Lot Depth: 110.29 Feet

Description

Welcome to this fantastic investment opportunity located in a sought-after neighborhood on the West Mountain! This property features four plus one bedrooms, offering ample space for potential tenants and presenting an excellent opportunity for generating passive income. With a projected rental income of $5,000 per month, this property represents a strong investment for your portfolio. Currently, used as a rooming house, three out of five rooms are occupied, providing an immediate income stream with tenants on month-to-month leases, giving you flexibility for future plans. The property boasts a separate side entrance, enhancing privacy and convenience for tenants. You can choose to leave the property as is or take advantage of the significant potential to renovate it into a legal duplex or add additional bedrooms to the basement. Situated in a prime location, you'll find it near Buchanan Park, which offers lush green spaces ideal for outdoor activities. Its just a short distance from Mohawk College and various shopping amenities, making it particularly attractive for student rentals. Additionally, easy access to public transport ensures convenient commutes for all tenants. Don't miss this opportunity to invest in a property that combines excellent rental potential with a desirable location. Schedule a viewing today!

Extras

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Property Type

Detached

Neighbourhood

Buchanan

Garage Spaces

5

Property Taxes

$ 5,238

Area

Hamilton

Additional Details

Building

Bedrooms

5

Bathrooms

2

Utilities

Water

Municipal

Sewer

Sewer

Features

Kitchen

1

Family Room

No

Basement

Finished, Full

Fireplace

Yes

External Features

External Finish

Brick

Property Features

Cooling And Heating

Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information

Days On Market

0 Days

Rooms

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