39 BROADWAY Avenue Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8S2V6
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,627 sqft
Price per Sqft $599
Subdivision 113 - Ainslie Wood
MLS Listing ID 40688933
Bedrooms 6
Originating Board Cornerstone - Hamilton-Burlington
Property Sub-Type Freehold
Property Description
An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing (2022), Updated Electrical (2016), New Furnace (2025), Concrete Walkway (2022) and Side Door Entrance (2023). Location is everything! Just a 2-minute walk to McMaster, Starbucks, Williams Café, Public Bus Stop and numerous other restaurants/shops, making this an ideal rental for students. The current lease expires in Apr 2025. Don't miss out on this high-demand investment—book your private showing today! (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 7'5'' x 5'4'' 3pc Bathroom
Extra Room 2 Second level 13'11'' x 11'0'' Bedroom
Extra Room 3 Second level 10'8'' x 10'7'' Bedroom
Extra Room 4 Second level 17'9'' x 9'9'' Bedroom
Extra Room 5 Second level 16'5'' x 9'10'' Bedroom
Extra Room 6 Basement 6'8'' x 5'3'' 3pc Bathroom
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold