6 Bedroom
3 Bathroom
1100 - 1500 sqft
Central Air Conditioning
Forced Air
$799,000
Welcome to 2 Lydia Street a TURNKEY triplex nestled on a quiet residential street just minutes from downtown, transit, park and school on a highly desirable Rosedale area of Hamilton . Whether you're an investor seeking cash flowing rental income or a homeowner looking to live in one unit while renting out the others, this property offers unmatched flexibility and value. This exceptional property features 4+2 bedrooms, 3 bathrooms, 3 kitchens, and is spread across three finished levels, offering a versatile layout perfect for investors, multi-generational families, or homeowners seeking a mortgage helper. The main floor offers 3 bedrooms, a 4-piece bathroom, and a full kitchen, currently vacant but can be rented out for $2,100/month. The upper level has a self-contained 1-bedroom unit with a 3-piece bathroom and kitchen, rented for $1,500/month. The fully finished basement features 2 bedrooms, a 4-piece bathroom, and a kitchen, rented for $1,700/month. Thats a total gross annual income of $64,800, with potential for even more. Triple A tenants are in good standing and willing to stay. The buyer may choose to occupy the main unit and rent out the others. Extensive updates have been completed, including new appliances, flooring, and plumbing, furnace and AC (2021), hot water tank (2020), a new deck, upgraded 200-amp electrical panel (2020), 18 replaced windows (2021), newer roof, and a whole home water filtration system. Capitalize on Hamilton's strong rental demand with this ready-to-go income property. Add to your portfolio with minimal effort, or explore owner-occupancy while tenants help cover the mortgage! (id:41954)
Property Details
MLS® Number
|
X12241599 |
Property Type
|
Single Family |
Community Name
|
Rosedale |
Parking Space Total
|
1 |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
4 |
Bedrooms Below Ground
|
2 |
Bedrooms Total
|
6 |
Age
|
51 To 99 Years |
Appliances
|
Dryer, Microwave, Stove, Washer, Refrigerator |
Basement Development
|
Finished |
Basement Features
|
Separate Entrance |
Basement Type
|
N/a (finished) |
Construction Style Attachment
|
Detached |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
1100 - 1500 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
110 Ft |
Size Frontage
|
40 Ft |
Size Irregular
|
40 X 110 Ft |
Size Total Text
|
40 X 110 Ft |
Zoning Description
|
C |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Bedroom |
3.3 m |
4.34 m |
3.3 m x 4.34 m |
Second Level |
Kitchen |
5.46 m |
4.57 m |
5.46 m x 4.57 m |
Main Level |
Bedroom |
3.35 m |
3.81 m |
3.35 m x 3.81 m |
Main Level |
Bedroom |
2.46 m |
2.95 m |
2.46 m x 2.95 m |
Main Level |
Bedroom |
3.28 m |
3.28 m |
3.28 m x 3.28 m |
Main Level |
Kitchen |
3.4 m |
3.12 m |
3.4 m x 3.12 m |
Main Level |
Living Room |
3.33 m |
4.52 m |
3.33 m x 4.52 m |
https://www.realtor.ca/real-estate/28512995/2-lydia-street-hamilton-rosedale-rosedale