317 Queen Street S, Hamilton - Listed at $875,000. | Modern Solution Realty

317 Queen Street S, Hamilton

317 Queen Street S in Hamilton - 6 bedroom, 3 bathroom. Listed at $875,000.

Exceptional opportunity to acquire a well-maintained three-unit income property featuring three self-contained residential units in one of Hamilton's most desirable neighbourhoods. Offering approximately $60,000 in gross annual income potential based on current and market rents, with immediate upside through one vacant 2-bedroom unit, this property presents an excellent opportunity for investors to increase cash flow by leasing at market rent or for owner-occupiers to offset their mortgage with rental income from the remaining two units. The property offers a total of six bedrooms, three kitchens and three bathrooms. Three separate hydro meters allow tenants to pay their own electricity, while the landlord pays heat and water. Coin-operated laundry provides additional income, and one private driveway parking space is included. Ideally situated in the desirable Durand neighbourhood, on the doorstep of Kirkendall, just steps from Locke Street's vibrant shops, cafés and restaurants, and minutes from St. Joseph's Healthcare Hamilton, the Escarpment, parks, public transit, downtown Hamilton and convenient highway access. A rare opportunity to add a strong income-producing property with immediate upside to your portfolio in one of Hamilton's most established rental markets. Full financials available upon request.

Property Details

  • Property Type: Mortgage
  • Style: 2 1/2 Storey
  • Square Footage: 2250 sqft
  • Basement: Apartment
  • Heating: Electric
  • Cooling: Central Air
  • Parking: 1 space
  • Property Taxes: $6,960.83/yr
  • Neighbourhood: Durand
  • Postal Code: L8P 3T6

View photos, details, and schedule a showing with Modern Solution Realty. 1% commission listing services available.