171 Stone Church Rd, Hamilton

171 Stone Church Rd, Jerome, Hamilton L9B1A8

2-Storey, Detached House
21 Rooms Total, 1 Kitchen
6 Parking Spaces

60.00 x 123.80

Finished, Sep Entrance Basement
Brick Exterior

Incredible Investment Opportunity At 9.72% Cap Rate & Over $150,000.00 Cash Net Annually. This Renovated 16+ - Room Rental Property Has A Monthly Goi Of $12,530.00 & Noi Of $10,531.00. Quickly Converted Into Duplex/Triplex; The Basement Was Recently Renovated And Features Two Kitchens, 3.5 Bathrooms, 16 Bedrooms, 3 Entrances. The Lot Is Located On A Central Location On The Hamilton Mountain Close To Absolutely Everything And Is An Investor's Dream. Priced Competitively To Offer A 9.72% Cap Rate And Competitive Price Per Square Footage. The Lot Is Very Deep At 124 Ft, So There Is Plenty Room To Enjoy Outdoor Space Or Add A Secondary Suite In The Rear. The Triple Car, Automatic , Three Bay Door, Drive Through Garage Is Incredibly Spacious And Perfect For A Man's Cave, A Workshop, Storage Or Even Convert It To A 17Th, 18Th & 19Th Room!

Pt Lt 13 Con 7 Barton, Part 6 On 62R16272 ; Hamilton