65 Kinrade Avenue Hamilton, ON L8L 6L5
Inscription par: PropTX - IDX / Listed By: eXp Realty

  65 Kinrade Avenue Hamilton, ON L8L 6L5

En vigueur
650 000 $ (CAD)
5
CAC
2
SDB
1500-2000
PI. CA.

Description

65 Kinrade Ave, Hamilton is an investment property within a portfolio. A legal duplex with a bonus room-rental upside, offered at a 6.18% in-place cap rate on current rents. This fully-tenanted, four-door property generates $48,468 in gross annual rent and $40,168 NOI, with a fifth door (basement) waiting to be rented. The main and upper duplex units are configured as a 2-bedroom main-floor apartment and a three-room upstairs unit, giving a new owner both self-contained and room-rental income in one building. Central heat and A/C, two A/C units, and two gas lines keep operating costs predictable, while separate hydro and water metering protects NOI from rising utility costs. All four occupied doors are month-to-month, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover. Beyond the in-place income, the basement is unfinished, has its own separate entrance, and is currently vacant - a fifth door that can be built out and rented, adding a new income stream on top of the in-place NOI without any change to the building's footprint. Situated in a tenant-dense Hamilton lower-city pocket that supports steady demand and long-term appreciation.

MLS®:
X13541290
Les impôts
$1,800(2025)
Catégorie
Multifamily
Style
2-Storey
Ville
Hamilton
Communauté
Gibson

Listed By

eXp Realty
Source
PropTX - IDX
Dernière vérification Août 28 2026 à 8:07 PM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • None
Caractéristiques de la propriété
  • Foundation: Unknown
Chauffage et refroidissement
  • Forced Air
  • Central Air
Informations sur les sous-sols
  • Unfinished
Informations sur le pool
  • None
Caractéristiques extérieures
  • Vinyl Siding
  • Toit: Asphalt Shingle
Informations sur les services publics
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stationnement
  • Available
Étages
  • 2
Alimenté par Walk Score®
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