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About this home
125 Sanford Avenue N, Hamilton
Investment opportunity with CAP rate of 6.5%! This cash-positive certified legal duplex with a third unit generated $5,939 per month, or $71,268 gross annually in 2024. 2025 income/expense will almost be identical to 2024. This well maintained investment property features 2 hydro meters complete with two 100 amp breaker panels, 3 rear parking spots, a furnace installed in 2022(10 year transferable warranty), tankless rental hot water heater 2023, and a flat roof redone in 2022. The dry basement, offers separate side entrance, includes coin-operated laundry with average 50 per month revenue and ample storage space and optional fourth rental unit addition to boost your income/property value. A major renovation, completed with permits, included updates to copper wiring, copper plumbing, ABS drain system, windows and drywall construction. All units are rented with leases in place. Ultra low vacancy rate(1%) over past 12 years. This smoke-free and pet-free property is an exceptional investment opportunity with a positive cash flow. Private/Self represented buyers are also welcome.
Facts & features
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Rooms
10 rooms · 3 bathrooms
- Kitchen11′8″ × 9′9″114 sq.ft.
- Bedroom13′4″ × 13′173 sq.ft.
- Bedroom 216′7″ × 10′4″171 sq.ft.
- Bedroom 314′9″ × 12′177 sq.ft.
- Bedroom 414′8″ × 10′10″159 sq.ft.
- Bedroom 513′1″ × 9′2″120 sq.ft.
- Bedroom11′7″ × 10′116 sq.ft.
- Kitchen10′ × 10′100 sq.ft.
- Family room14′ × 12′168 sq.ft.
- Kitchen13′6″ × 13′175 sq.ft.
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School rating, out of 10.
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