Prime McMaster University Student Rental Investment! This Turnkey 6-Bedroom, 2-Bathroom Home Is Currently Fully Rented To Students And Generates Approximately $4,900/Month In Rental Income, Or $58,800 Annually. Featuring 3 Bedrooms On The Main Level And 3 Bedrooms On The Lower Level, This Property Offers An Ideal Layout For Student Tenants. Excellent Location Just Minutes To McMaster University, McMaster Hospital, Shopping, Restaurants And Public Transit. Numerous Recent Updates Include New Laminate Flooring And Freshly Painted Throughout In 2022, New Furnace In 2023, And New Washer & Dryer In 2024. A Strong Cash-Flowing Investment With Excellent Student Rental Demand And Convenient Access To McMaster University. Perfect For Investors Looking For A Turnkey Income Property With Significant Rental Income And Long-Term Investment Potential! MUST SEE!! (id:13843)
| MLS # | X13871464 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 25 |
| Listing Provided By | EXP REALTY | KEVIN LIU |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 700 |
| Basement | Y |
| Story(s) | 1 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | Yes |
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Carpet Free |
| Foundation Details | Poured Concrete |
| Parking Features | No Garage |
|---|---|
| Parking Total | 0 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4811.85 |
|---|
| Province | ON |
|---|---|
| City | Hamilton (Ainslie Wood) |
| Postal Code | L8S2K8 |
| Listing VS Median (in L8S2K8) | |
Price: $630,000 low | high Med: $630,000 sqft: 700 low | high Med: 700 $ / sqft: $900 low | high Med: $900 On site: 25 low | high Med: 25 | |
| Province | ON |
|---|---|
| City | Hamilton (Ainslie Wood) |
| Postal Code | L8S2K8 |
| Listing VS Median (in L8S2K8) | |
Price: $630,000 low | high Med: $630,000 sqft: 700 low | high Med: 700 $ / sqft: $900 low | high Med: $900 On site: 25 low | high Med: 25 | |