$1,199,900
171 Stone Church Road, Hamilton, ON L9B 1A8
Property Description
Property type
Detached
Lot size
N/A
Style
2-Storey
Approx. Area
2000-2500 Sqft
About 171 Stone Church Road
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one!
Home Overview
Last updated
3 days ago
Virtual tour
None
Basement information
Separate Entrance, Finished
Building size
--
Status
In-Active
Property sub type
Detached
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location
Shally Shi
Sales Representative, Dolphin Realty Inc
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Stone Church Road
Book a Showing
Tour this home with Shally ✨
I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.
