50 Somerset Avenue, Hamilton - $549,900 | Modern Solution Realty

50 Somerset Avenue, Hamilton

50 Somerset Avenue, Hamilton

50 Somerset Avenue in Hamilton - 4 bedroom, 3 bathroom. Listed at $549,900.

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 Details

  • Property Type: Mortgage
  • Style: 2 1/2 Storey
  • Square Footage: 1300 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 2 spaces
  • Property Taxes: $3,379.19/yr
  • Neighbourhood: Stipley
  • Postal Code: L8L 2L5

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