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$ 635,000
Est. payment | /mo
5 Beds
3 Baths
2,253 SqFt
$ 635,000
Est. payment | /mo
5 Beds
3 Baths
2,253 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,253 sqft
Price per Sqft $281
Subdivision 141 - Lansdale
MLS® Listing ID 40779453
Bedrooms 5
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
ATTENTION INVESTORS! Welcome to 163 Emerald St N, a fully renovated, cashflowing legal duplex with a third self-contained unit, ideally located in the heart of Hamilton. This turnkey property features three updated apartments: Unit 1 offers two bedrooms and one bathroom, Unit 2 includes one bedroom and one bathroom, and Unit 3 provides another two-bedroom, one-bathroom layout. Renovated in 2018, the home retains its Victorian curb appeal while offering modern comforts throughout, including quartz countertops, stainless steel appliances, durable vinyl flooring, and exposed brick accents that add warmth and character. Each unit is separately metered with a total of four hydro meters, ensuring tenants pay their own utilities, a major benefit for investors looking to minimize expenses. The property also includes coin-operated laundry for additional income, and parking for three vehicles accessible via the rear laneway. This vibrant location offers unbeatable walkability, with easy access to schools, parks, public transit, and some of Hamilton's best restaurants and shops. Whether you're a seasoned investor or a buyer seeking to offset your mortgage by living in one unit and renting the others, 163 Emerald St N is a high-performing asset with strong income potential and long-term value. Don't miss this rare opportunity to own a fully renovated, multi-unit property in one of the city's fastest-growing neighbourhoods. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Quiet Area
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by eXp Realty
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Nest Real Estate Group
Real Estate Team | License ID: 139039