$759,900
Available - For Sale
Listing ID: X12517690
125 Sanford Avenue North , Hamilton, L8L 5Z4, Hamilton
| Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. All units are rented with leases in place. Ultra low vacancy rate(1%) over past 12 years. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome. |
| Price | $759,900 |
| Taxes: | $3099.07 |
| Occupancy: | Tenant |
| Address: | 125 Sanford Avenue North , Hamilton, L8L 5Z4, Hamilton |
| Acreage: | < .50 |
| Directions/Cross Streets: | Barton & Sanford |
| Rooms: | 10 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Separate Ent, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 11.68 | 9.74 | |
| Room 2 | Main | Bedroom | 13.32 | 12.99 | |
| Room 3 | Main | Bedroom 2 | 16.56 | 10.33 | |
| Room 4 | Main | Bedroom 3 | 14.76 | 12 | |
| Room 5 | Second | Bedroom 4 | 14.66 | 10.82 | |
| Room 6 | Second | Bedroom 5 | 13.09 | 9.15 | |
| Room 7 | Second | Bedroom | 11.58 | 10 | |
| Room 8 | Second | Kitchen | 10 | 10 | |
| Room 9 | Third | Family Ro | 14.01 | 12 | |
| Room 10 | Third | Kitchen | 13.48 | 12.99 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Third |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Third |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Main |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 4 | Third |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | Main |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 4 | Third |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 4 | Main |
| Washroom Type 22 | 4 | Second |
| Washroom Type 23 | 4 | Third |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 4 | Main |
| Washroom Type 27 | 4 | Second |
| Washroom Type 28 | 4 | Third |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Duplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Available, |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Available, |
| Park #2 | |
| Parking Type: | Available |
| Park #3 | |
| Parking Type: | Lane |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Hospital, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| NEW ERA REAL ESTATE |
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Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Gibson |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $3,099.07 |
| Beds: | 7 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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