Hamilton - Industrial Sector
Hamilton - Industrial Sector
Sold For$540,000
Listed For $574,900
Sold Nov 2022
Great Turnkey Two Unit Property With Detached Garage Conversion Opportunity! 51 Douglas Avenue Features Two Spacious 1 Bed, 1 Bath Units With In-Suite Laundry! Upper Unit Is Currently Tenanted At $1400 Plus 50% Of Utilities (Vacant Possession Negotiable). Detached Garage Consistently Rented At $500 Month To Month. Property Sits Directly Off An Accessible Laneway (From Douglas Avenue), Steps To Large Future Developments & 2.5Km From Future North End Harbour Front Development! A Great Way To Cash Flow (With Future Appreciation) Or Live/Rent With Two Offsetting Units. Property Could Gross Upwards Of $3800/Month Plus Utilities
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