99 EAST 36TH Street|Hamilton, Ontario L8V3Z2

MLS Number: 40794330

Property Details: • Type: Single Family • Ownership Type: Freehold • Bedrooms: 2 + 1 • Bathrooms: 2 • Building Type: House • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Detached Garage • Parking Spaces: N/A

Description: Great investment opportunity on the East Hamilton Mountain near parks, green space and commercial shopping centre! 2 units- main floor features 2 bed, 1 bath open concept throughout, two sets of in-suite laundry & large bedrooms with a front and rear deck. Lower unit is a 1 bed, 1 bath unit with an upgraded kitchen and bathroom that features a private side deck leading to the unit. Sitting on a generous lot (with ample 4 car parking), the opportunity continues with a large detached 434 square foot garage perfectly set for a garage suite conversion/storage that includes R1 zoning allowing no red tape! Unrestricted street parking. Garage was resided and re-shingled in 2021. Garage could also be easily rented out separately for $200+. Current AAA tenants (upper & lower) paying $3750/month combined +100% of utilities! Easy legal triplex conversion for more cash flow and value add! 20% down payment, 4.25% interest rate, 30 year amortization enables positive cash flow! (69986720)

Agent Information: • Agents: Abdellah Majd • Contact: 905-921-6253 • Brokerage: Revel Realty Inc. • Website: https://www.revelrealty.ca/

Time on Realtor: 6 days ago