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    For Sale - 50 Somerset Avenue, Hamilton, Ontario

    Est payment $2,569/mo
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    Time on Jump  1 days

    AI Summary *

    • Legal duplex with three fully contained units and potential for three income streams.
    • Fully vacant, offering flexibility to choose tenants and set rents.
    • Recent major capital improvements may help reduce immediate expenses.
    • Close to public transit, grocery stores, restaurants, shopping, and everyday amenities.
    • Convenient location with potential for fresh market rents.




    Fully vacant legal duplex with three units and strong income potential. Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient hamilton location come together in an investment property positioned for income from the start.
    Listing IDX14149552
    Address50 Somerset Avenue
    CityHamilton, Ontario
    Price$535,000
    Bed / Bath4 / 3 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water Heater OwnedOutdoor Features Porch, DeckAmenities Hospital, Public Transit, SchoolOwnership FreeholdBasement Finished, Full, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    50 Somerset Avenue
    Hamilton , Ontario
    4 3 $535,000
    Get more info