LIVE IN IT. HOUSE HACK IT. CASH FLOW IT. BUILD WEALTH WITH IT. This is the kind of property that rarely comes along - A beautiful, flexible home with incredible income potential just steps to Mohawk College, making it highly desirable for student rentals, multi-generational living, or savvy investors looking for strong returns. Whether you're an investor seeking cash flor, a buyer wanting mortgage-helping income, or a family planning for future appreciation, this property offers multiple strategies under one roof. The home features a finished basement with a separate kitchen and bathroom, plus two generously sized bedrooms with legal windows, ideal for rental income, extended family, or a house-hack setup. The main level offers two spacious bedrooms, with two additional bedrooms upstairs, providing flexibility for room rentals, larger families, or maximizing income potential. Income potential that gets attention. With proximity to Mohawk College and strong rental demand in the areaL Individual rooms may rent for approximately $950/month each in today's marker. The 2-bedroom basement may offer rental potential of approximately $1,950/month. Depending on configuration and buyer strategy, the property may offer gross rental income potential approaching $8,000/month. At this level of income, investors may see the potential for an estimated cap rate exceeding 9%, depending on expenses, financing & rental strategy. And the opportunity doesn't stop there... The large backyard may offer future ADU (Accessory Dwelling Unit) potential, subject to municipal approvals, opening the door to additional monthly income potential and even stronger long-term returns. Why buy a property that only appreciates when you can own one that has the potential to appreciate and produce meaningful income? Whether you choose to live in a part of it, rent rooms, create a student rental model, or expand future income opportunities, this is the property. (id:43681)
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| MLS® Number | 40839056 |
| 房源类型 | 民宅 |
| 附近的便利设施 | 公园, 公共交通, 学校 |
| 社区特征 | 安静的区域 |
| 总车位 | 3 |
| 浴室 | 2 |
| 地上卧房 | 4 |
| 地下卧室 | 2 |
| 总卧房 | 6 |
| 家电类 | 烘干机, 炉子, 洗衣机 |
| 地下室进展 | 已装修 |
| 地下室类型 | 全完工 |
| 施工日期 | 1949 |
| 施工种类 | 独立屋 |
| 空调 | 中央空调 |
| 外墙 | 铝壁板 |
| 地基类型 | 水泥 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 储存空间 | 2 |
| 内部尺寸 | 1100 Sqft |
| 类型 | 独立屋 |
| 设备间 | 市政供水 |
| 入口类型 | Road Access, Highway Nearby |
| 英亩数 | 无 |
| 土地便利设施 | 公园, 公共交通, 学校 |
| 污水道 | 城市污水处理系统 |
| 土地深度 | 32 Ft |
| 土地宽度 | 322 Ft |
| 规划描述 | C |
| 楼 层 | 类 型 | 长 度 | 宽 度 | 面 积 |
|---|---|---|---|---|
| 二楼 | 卧室 | 11'4'' x 10'4'' | ||
| 二楼 | 卧室 | 11'2'' x 9'10'' | ||
| 三楼 | 卧室 | 11'4'' x 10'4'' | ||
| 地下室 | 三件套卫生间 | 11'2'' x 6'7'' | ||
| 地下室 | 厨房 | 11'2'' x 6'7'' | ||
| 地下室 | 卧室 | 14'7'' x 10'1'' | ||
| 地下室 | 卧室 | 9'10'' x 8'2'' | ||
| 一楼 | 三件套卫生间 | 6'3'' | ||
| 一楼 | 厨房 | 11'3'' x 8'3'' | ||
| 一楼 | 主卧 | 11'5'' x 10'5'' | ||
| 一楼 | 客厅 | 15'0'' x 11'3'' |
https://www.realtor.ca/real-estate/29896684/15-west-1st-street-hamilton