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MLS® X13094994

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $3,526
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13094994

Property Address: 203 John Street N, Hamilton (Beasley), ON, L8L4P4

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 203 John Street North, a stabilized, 3-unit, turn-key investment property offering a staggering *7.85% Cap Rate* right in the heart of Hamilton. With an NOI of $39, 178.19, this property is structured as a legal duplex plus a non-conforming basement unit, providing three distinct, income-producing living spaces. Completely taken down to the studs during a previous full-gut renovation, this asset offers total peace of mind. Major capital expenditures have already been addressed, including modernized electrical, updated plumbing, a newer roof (~10 years), and an upgraded furnace (under 15 years).Currently generating a robust $52, 374 in Gross Annual Income ($4, 364.50/month) with at-market rents, the building is perfectly optimized for operational efficiency. The suite mix includes a bright 1-bedroom main-floor unit, a spacious 2-bedroom upper unit complete with a versatile loft, and a functional 1-bedroom lower level. Main and upper tenants pay their own hydro bills.Complete with convenient rear laneway access and a dedicated parking pad, this property is a rare find. Whether you are scaling your portfolio with a high-performing, low-maintenance asset or seeking the ultimate house-hack to offset your mortgage, 203 John St N delivers unmatched financial performance and beautiful curb appeal. (id:58753)Show Description
MLS® NumberX13094994
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Apartment in basement, Separate entrance, N/A
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Basement17.91 × 8.83 ft
Bedroom 1:Basement17.91 × 8.83 ft
Living Room:Second Floor10.93 × 10.5 ft
Utility Room:Basement12.4 × 6.92 ft
Master Bedroom:Second Floor8.92 × 14.57 ft
Laundry:Basement9.68 × 6.5 ft

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $499,000 and $670,000.
Similar properties in this area sold on average for: $612,723
Expected to sell in 56 days. Similar properties sold in 56 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
203 John Street N, Hamilton (Beasley), ON

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