16 Rutherford Ave, Hamilton, ON L8M 1Y4

4beds

4baths

2,226sqft

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Multi-3 Unit, Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

C$305/sqft

C$-- HOA

What's special

Tree-lined streetSeven bedrooms in all

Four self-contained units with separate entrances on a tree-lined street in Hamilton's St. Clair neighbourhood. 16 Rutherford Ave is a legal triplex with a fully finished lower level, offering two 2 bedroom units and a 1 bedroom unit above grade plus a second 2 bedroom suite below, for seven bedrooms in all. Two units are tenanted and producing income today. The other two are vacant, giving you something most income properties never offer: the freedom to choose your own tenants, set your own rents, or move in and let the building help carry your mortgage. Fully leased, the property offers a potential cap rate of approximately 7% based on projected rents and current operation costs. Steps from Gage Park and minutes to the shops and cafes of Ottawa Street, the escarpment trails and public transit.

15 hours
6
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced Air

Cooling

None

Appliances

Included: Refrigerator, Stove
Laundry: None

Features

Other
Basement: Separate Entrance,Full,Finished
Has fireplace: No

Interior area

Total structure area: 3,107
Total interior livable area: 2,226 sqft
Finished area above ground: 2,226
Finished area below ground: 881

Property

Parking

Parking features: No Driveway Parking

Features

Stories: 2
Frontage type: South
Frontage length: 32.00

Lot

Size: 3,200 Square Feet
Dimensions: 32 x 100
Features: Ample Parking, City Lot, Hospital, Park, Place of Worship, Public Transit, Schools, Shopping Nearby