50 Somerset Avenue, Hamilton, ON L8L 2L5
Hamilton, ON L8L 2L5
About this property
FULLY VACANT LEGAL DUPLEX WITH THREE UNITS AND STRONG INCOME POTENTIAL. Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient Hamilton location come together in an investment property positioned for income from the start.
Property facts & features
- Property type
- Detached
- MLS® number
- X13853452
- Source status
- New
- Bedrooms
- 4
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- L8L 2L5
- Parking spaces
- 2
- Garage
- None
- Lot depth (source units)
- 60
- Annual property tax
- 3379.19
- Basement
- Finished, Full, Separate Entrance
- Laundry
- Not provided
- Interior features
- Water Heater Owned
- Exterior features
- Porch, Deck
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $549,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Hamilton →Listing brokerage: YOUR HOME SOLD GUARANTEED REALTY ELITE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13853452. Information deemed reliable but not guaranteed.