193 BURRIS STREET, Hamilton (St. Clair)
$700,000
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 4 bedrooms, 2 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13517426
- Neighbourhood
- St. Clair
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.
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