Sale
8 days on website
$849,900
House
14 NORWAY Avenue
Hamilton, L8M2V7
No obligation In-Person or Video Chat Tour
Beds · 5
Baths · 2.0
Sqft · 1904
Description
Investor’s Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamilton’s sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comf...ort, storage, and income potential. Two well-appointed units — a spacious two-bedroom unit and a comfortable three-bedroom unit — ideal for owner-occupiers or income-generating tenants. Along with multiple storage units which are rented. Prime location — just steps away from the verdant beauty of Gage Park, the convenience of St. Peter’s Hospital, and the dynamic boutiques and cafés of Ottawa Street. Investor-friendly layout — live in one unit while renting the other, or maximize your rental portfolio with two income streams. Standout Feature — Huge Barns with Endless Possibilities. Currently rented as storage. At the rear of the property sits two large barns, offering abundant storage and exciting development potential. For savvy investors, it’s a prime opportunity to add an Additional Dwelling Unit (ADU) or create a unique workspace, studio, or workshop — all while maintaining rental income from the main house. Strong Current Income Unit 1: $1,850 + hydro Unit 2: $1,995 + hydro Unit 3/6: $650/month Unit 4: $250/month Unit 5A: $475/month Unit 5B: $500/month Cap Rate: 6.6% (id:10452)
General
Type
House
Style
House
Year Built
1915
Square Footage
1904 sqft
Taxes
-
Maintenance Fee
-
Est. mortgage
$3,224/mo
Sign up and ask a question
Please fill out this field
Please fill out this field
Please fill out this field
Please fill out this field
By continuing you agree to our Terms of use and Privacy Policy.
Karlyn Eacrett
Real Estate
Email: [email protected]
Phone: 905-630-2545
Listing courtesy of:
RE/MAX Escarpment Realty Inc.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.