171 STONE CHURCH Road E, Hamilton, Ontario
$1,299,900
- 16 Beds
- 4 Baths
- 3,200 Square Feet
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 NET ANNUALLY. This Renovated 16 - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances and quickly convertible to triplex, duplex or single family home. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is deep so there is plenty room to enjoy outdoor space, or perhaps add a secondary suite in the rear. The double car, automatic garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17 & 18th room. The possibilities are endless with this one & will not last. Priced to be sold quick; Buyers -take advantage of our time-crunch needing this to be sold. (id:23309)
- Listing ID: 40698571
- Property Type: Single Family
- Year Built: 1948
Schedule a Tour
Schedule Private Tour
Cheryl DesRoches would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Cheryl DesRoches, who specializes in Hamilton real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Cheryl DesRoches find a property to match your lifestyle.

Listing provided by Revel Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 171 STONE CHURCH Road E in Hamilton Ontario. It was last modified on February 20th, 2025. Contact Cheryl DesRoches to schedule a viewing or to discover other Hamilton homes for sale.