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172 Markland Street

Hamilton (Durand), Ontario, L8P2K5

$1,749,900

MLS®#: X9769043
8
Beds
6
Baths
Description:

Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12x15 accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request. (id:10317)

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Property Details
Status: For sale
Address: 172 MARKLAND STREET, Hamilton (Durand), L8P2K5
MLS: X9769043
Lot Size: 56' ,3 in x 74'
Heating Fuel: Natural gas
Heating Type: Forced air
Water: Municipal water
Floor Space: 0
Lot Size: 56' ,3 in x 74'
Exterior: Stucco, Wood
Basement Type: Partial (Partially finished)
Basement Development: Partially finished
Agency: Courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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