With Approximately 1900 Square Feet Of Living Space, This Legal Duplex Offers Up A Two Bedroom Unit, A Three Bedroom Unit And Seven Income Generating Garages. With Over $3500 Gross Income, This Turnkey Property Offers Great Investment Potential. Situated On Norway Avenue, In The Beautiful Blakeley Neighborhood, The Property Is Within Walking Distance To Gage Park, St Peter's Hospital And Trendy Ottawa Street.

Pt Lts 4 & 5, Pl 252, (Lewis Springer Survey) , As

RE/MAX Escarpment Realty Inc.

Michael Jakobczak

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 comfort, 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:39198)

Investors Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamiltons sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comfort, 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. Peters 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, its 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%

PT LTS 4 & 5, PL 252, (LEWIS SPRINGER SURVEY) , AS IN VM214469 ; HAMILTON

With Approximately 1900 Square Feet Of Living Space, This Legal Duplex Offers Up A Two Bedroom Unit And A Three Bedroom Unit.  Situated On Norway Avenue, In The Beautiful Blakeley Neighborhood, The Property Is Within Walking Distance To Gage Park, St Peter's Hospital And Trendy Ottawa Street. The Property Is Perfect For An Investor Or Residential Buyer Looking To Live In One Unit And Rent Out The Other.

14 NORWAY AVE, Blakeley, Hamilton, ON L8M 2V7

History

Similar Listings

See more

Recently Sold Listings In Blakeley

See more

14 NORWAY AVE, Blakeley, Hamilton, ON L8M 2V7

History

Similar Listings

See more

Recently Sold Listings .css-15ori97{font-size:26px;color:var(--chakra-colors-hdBlack-300);margin-left:var(--chakra-space-3);}In Blakeley

See more

Recently Sold Listings In Blakeley