Attention investors! Check out this rare multi-unit property in downtown St. John's! With rents rapidly rising over the last few years, 54 Hamilton Avenue provides an amazing opportunity for the savvy investor to get into the rental market with this registered, 3-unit dwelling for less than $300,000! The earning potential on this one is incredible considering current market conditions. With one unit already rented at $800 POU (and soon to be $950 after the most recent rental increase), this could be your chance to live in one unit while renting the other two - a chance to live nearly rent/mortgage free! - OR you could put the property to its max earning potential and rent all 3! (id:18358)
MLS® Number | 1281284 |
Property Type | Single Family |
Constructed Date | 1922 |
Construction Style Attachment | Semi-detached |
Exterior Finish | Other |
Flooring Type | Mixed Flooring |
Foundation Type | Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Size Interior | 1,800 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Irregular | 21ft X 86ft |
Size Total Text | 21ft X 86ft|under 1/2 Acre |
Zoning Description | Rd |
https://www.realtor.ca/real-estate/27848514/54-hamilton-avenue-st-johns
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