193 BURRIS STREET
Hamilton (St. Clair), Ontario
MLS® X13517426
$580,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13517426
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
1 / 18Listing description
193 Burris St, Hamilton is an Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice.
Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality.
Property summary
- MLS® number
- X13517426
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 20.2 x 100 FT
- Annual property taxes
- $3,275.00
- Parking
- 1 space · No Garage
- Days on market
- 76 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Walk-up, N/A
- Exterior features
- Brick Veneer
- Lot features
- Lane
What would this home cost you?
Based on the $580,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.