80 MACLENNAN AVENUE, Hamilton (Burkholme)
$999,000
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 6 bedrooms, 4 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13529670
- Neighbourhood
- Burkholme
Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.
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