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15 West 1st Street, Hamilton, ON L9C 3B5 (Fennell Ave W/Upper James St)

Price : $698,000.00 , MLS®# : X12647186

Thanesh Sivaganasundram
Real Estate Agent
Description

Location! Location! Location! Exceptional investment opportunity with strong cash flow potential. This sun-filled detached home sits on a prime corner lot and is within walking distance to Mohawk College, St. Joseph's Hospital, McMaster University, Walmart, and nearby shopping centres. The property features two kitchens, 2+2+3 bedrooms, 3 bathrooms, and a finished basement with separate entrance, making it ideal for multi-unit or student rental use. Enjoy the convenience of two sets of laundry. Recent updates include new exterior painting, partial new fencing, and partial new flooring (2022). 6 bedrooms were leased for $4,000/month, with total potential rental income of up to $5,500/month. Garden suite potential might offer an excellent opportunity for additional rental income. A rare opportunity in a high-demand rental location-perfect for investors or savvy buyers.

Location Description

Fennell Ave W/Upper James St

Property Details
  • Community: Bonnington
  • Property Type: Owner+Tenant/Residential Freehold
  • Bedrooms: 7
  • Bath: 3
  • Garages: None
  • Annual Property Taxes : $ 3679
Building Features
  • Foundation Type: Concrete
  • Counstruction Material : Aluminum Siding-Vinyl Siding
  • Total Parking Space : 3
  • Parking Type : None
Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: RE/MAX REALTRON REALTY INC.