74 Cathcart Street

Hamilton (Beasley), Ontario L8R1M5

MLS # X13811350

$749,000

Property Details

Type

Duplex

Beds

Baths

Status

For Sale

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About this property

Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas.

Mortgage Estimate

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Property taxes: about $411/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Kitchen	Main level	3.91 x 4.06
Laundry room	Third level	1.57 x 2.03
Living room	Basement	2.77 x 8.31
Kitchen	Basement	2.11 x 2.82
Bedroom	Basement	3.1 x 3.2
Bathroom	Basement	0 x 0
Laundry room	Basement	1.6 x 2.16
Living room	Main level	3.99 x 3.76
Bedroom	Main level	2.84 x 3.68
Laundry room	Main level	0 x 0
Bathroom	Main level	0 x 0
Kitchen	Second level	5 x 4.44
Living room	Second level	5 x 4.04
Bedroom	Second level	3.66 x 3.17
Bathroom	Second level	0 x 0
Primary Bedroom	Third level	3.33 x 3.71