**Excellent Investment Opportunity** **Positive Cash Flow ** Welcome to this Legal Non-Conforming Triplex featuring 5 bedrooms, 3 full baths, and 3 kitchens, each with separate hydro meters. With 3 parking spots, this property is an excellent investment opportunity. The main floor has a 2-bedroom suite with separate living and dining rooms, kitchen, and potential rent of $1,500. The 2nd floor offers a 2-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, also renting for $1,600. The 3rd floor features a 1-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, with potential rent of $1,100. Total rental income is approximately $4,200 monthly, which can exceed mortgage payments. Located near Mohawk college, Mc Master university, St Peters hospital, St. Joseph's Healthcare, Trillium Place and other amenities, this triplex offers strong rental potential and positive cash flow.
Property Features
- Date Listed: Thursday, August 01, 2024
- City: Hamilton
- Neighborhood: Beasley
- Major Intersection: Main St E & Welington St S
- Full Address: 113 Wellington Street S, Hamilton, L8N 2R3, Ontario, Canada
- Kitchen: Main
- Living Room: 2nd
- Kitchen: 2nd
- Living Room: 3rd
- Listing Brokerage: Re/Max Realty Specialists Inc. - Disclaimer: The information contained in this listing has not been verified by Re/Max Realty Specialists Inc. and should be verified by the buyer.
