SoldDuplex

131 Melrose Avenue

Name: 131 Melrose Avenue - Sold Nov 2016
Brand: RE/MAX REALTY ENTERPRISES INC., BROKERAGE
Price: 310000 CAD
Availability: SoldOut

Hamilton - Gibson

131 Melrose Avenue

Hamilton - Gibson

Sold For$310,000

Listed For $300,000

Sold Nov 2016

3 Bedrooms Bedrooms

2 Bathrooms Bathrooms

0 Garage Garage

Description

Legal Two Family Home -$1955+ Per Month Rental Income - Money Making Rental Property With Established Tenants Who Want To Stay. Too Many Improvements To Mention Here. Improvements And Income Expense Are Attached To The Listing. Laundry On Site. Two 4 Piece Baths. Large 1500+ Square Feet Home Featuring Hardwoods, Pocket Doors, Oak Cabinets, Claw Foot Tubs, Rear Deck And Parking For 2 Cars. A Landlords Dream Property. $16K+ Year Before Debt Service.**

Key facts for 131 Melrose Avenue

Tax$2,214 / 2016

Property TypeDuplex, 2-Storey

Lot Size89.16 x 27 Feet

Size1500-2000 ft²

Parking FeaturesMutual

BasementFull

Listing #X3655932

Days on Market--

Listing BrokerageRE/MAX REALTY ENTERPRISES INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

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Cash Flow Analysis

Est. Mortgage Payment

$1,465/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$8.8% net yield

Net Monthly Cash Flow$951

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