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Purpose built LEGAL duplex. Flexible possession. Excellent for the 1st time BUYER or investor AND its a great mortgage helper (cap rate of 5.78%) set your own rents. 2 separate hydro meters and panels ,1 gas meter with hot water heating, 1 water meter . This home is walking distance to Gage Park, Tim Hortons Field and to both Memorial Elementary School and Bernie Custis Secondary School. Seller has made some recent improvements: 1 gas boiler 15 yrs, newer floors on both levels, roof 2012. (rental income is projected, expenses are actual and water/sewer is estimated) , 1 laundry main floor(private) , all copper wiring, copper and plastic ABS plumbing, vinyl windows, fire proofing between both floors, main floor has access to backyard from inside, 2nd upper unit with complete separate entrance. parking for 1 car at front and oversized 1 car garage at the back through the laneway. Seller will accommodate the Buyer to rent out the units prior to closing. Using $1600 for upper unit and $1800 for main floor and bsmt. expenses are actual numbers. MOTIVATED SELLER (id:51158)
| MLS® Number | 40706257 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Shopping |
| Equipment Type | Water Heater |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1915 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Stories Total | 2 |
| Size Interior | 1386 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
| Detached Garage |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 31 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D |
https://www.realtor.ca/real-estate/28039674/45-east-bend-avenue-n-hamilton
Get More info About:45 East Bend Avenue N Hamilton, Mls# 40706257
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