74 Cathcart Street, Hamilton ON

About 74 Cathcart Street

Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. Two of the three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month. The vacant lower-level unit was previously rented for $1,300/month, providing an opportunity to set a new rental rate or keep the space available for personal use. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multi-unit property to their portfolio. Separately metred for hydro/gas. (id:56071). Get more information on 74 Cathcart Street

Property Features

Rental Equipment:  
Directions:  Wellington St N to Cannon St E to Cathcart St
Zoning Description:  D5
Interior Size (Approximate):  2605 sqft
Access:  Highway access
Lot (Approximate):  0.06 ac|under 1/2 acre 0.06
Exterior Finish:  Brick, Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate):  1899
Constructed Date:  1899
Basement:  Full (Finished) Finished

Rooms & Sizes

(Approximate)