Rare Opportunity to own a Side-by-side Legal Duplex. 171 Wilson St is a 3-bedroom Unit, currently rented at $2100 plus Utilities, with own street entrance and separate utility and tax accounts. 173 Wilson St is rented at $1843 per month. It is also a 3-bedroom unit with its own entrance and the tenants directly pay their own utilities. Each Unit have their own personal fenced Backyards. Tenants pay their own utilities directly to the suppliers, hence very low to no overheads for the Landlord to manage. The public school across the road is a choice school. The Buyer may have the option to apply For Severance to create standalone Properties. Buyer Agent to do their own due diligence. This is a downtown property with zoning already in place to go up seven stories. Neighbouring properties are also available, maybe even all the properties on this block. Call to inquire about possibilities for development or for holding potential, all while you get a very good cash flow. (id:4069)
Address
171 - 173 WILSON Street
List Price
$679,800
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Hamilton
Bedrooms
6
Bathrooms
2
Floor Area
1,972 Sq. Ft.
MLS® Number
40716666
Listing Brokerage
Keller Williams Edge Realty, Brokerage
Basement Area
None
Postal Code
L8R1E3
Zoning
D4
Site Influences
Park, Place of Worship, Public Transit
