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125 Sanford Avenue N
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125 Sanford Avenue N $799,900
$799,900
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125 Sanford Avenue N
Hamilton, Ontario L8L5Z4

MLS® Number: H4197919

Listing Description

Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex currently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio. (31266077)

Location Description

URBAN

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2.5
Land Size
26.05 x 94.15|under 1/2 acre
Built in
1889
Annual Property Taxes
$2,947.49
Parking Type
No Garage
Time on REALTOR.ca
8 days

Building

Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer, Range, Oven
Basement Type
Full (Partially finished)
Building Features
Features
Park setting, Park/reserve, Laundry- Coin operated, No Pet Home
Foundation Type
Stone
Style
Detached
Architecture Style
Multi-Unit
Fire Protection
Fire alarm system, Smoke Detectors
Rental Equipment
Water Heater
Total Units
3
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Lake/River Water Intake, Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Business
Business Type
Residential (Residential)
Neighbourhood Features
Community Features
Quiet Area
Amenities Nearby
Hospital, Public Transit
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
2203 sqft
Exterior Building Size
2203 sqft

Land

Lot Features
Frontage
26 ft
Land Depth
94 ft
Soil Type
Clay
Data provided by: REALTORS® Association of Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4
Manny Pinheiro
Salesperson
416-819-7338
Email
Book showing
Keller Williams Complete Realty
1044 Cannon Street E. Unit T
Hamilton, Ontario L8L2H7
905-308-8333

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