54 Frederick Avenue, Hamilton, ON L8H 4K4

$854,999
6
BD
3
BA
2,000
SqFt

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List Price
$854,999
MLS#
X13614794
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
6
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Hamilton
Area
Hamilton
Neighborhood
Crown Point
Subdivision
Ottawa And Cannon

Property Description

Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (Accessory Dwelling Unit), subject to City approvals and setback requirements.The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income.A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others. Walking distance to Ottawa St, close to downtown Hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow.Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring.

Additional Information

Taxes
$3,830
Heat Type
Radiant
Heat Source
Other
Air Conditioning
None
Family Room
Yes
Kitchens
3
Exterior
Stucco (Plaster)
Garage Type
None
Pool
None
Parking Type
Street Only

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXP REALTY.