4 Bedroom
2 Bathroom
1,100 - 1,500 sqft
Central Air Conditioning
Forced Air
$700,000
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 193 Burris St, Hamilton - Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets, where nearby homes have sold well above $750,000 - including 197 Burris next door, which sold for $769,000. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality. (id:56248)
Property Details
|
MLS® Number
|
X13517426 |
|
Property Type
|
Multi-family |
|
Community Name
|
St. Clair |
|
Features
|
Lane |
|
Parking Space Total
|
1 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
4 |
|
Basement Features
|
Walk-up |
|
Basement Type
|
N/a |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick Veneer |
|
Half Bath Total
|
2 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
1,100 - 1,500 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
20 Ft ,2 In |
|
Size Irregular
|
20.2 X 100 Ft |
|
Size Total Text
|
20.2 X 100 Ft |
https://www.realtor.ca/real-estate/29983840/193-burris-street-hamilton-st-clair-st-clair