220 EMERALD Street N, Hamilton, ON L8L5K8
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220 EMERALD Street N, Hamilton, ON L8L5K8
220 EMERALD Street N, Hamilton, ON L8L5K8
220 EMERALD Street N, Hamilton, ON L8L5K8
220 EMERALD Street N, Hamilton, ON L8L5K8
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Lily Hu

Lily Hu

+1(613) 220-0046
$ 399,900
Est. payment /mo
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Price Dropped by $30K

220 EMERALD Street N Hamilton, ON L8L5K8

2 Beds

3 Baths

1,324 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1324

Square Footage 1,324 sqft

Price per Sqft $302

Subdivision 141 - Landsdale

MLS® Listing ID 40798385

Style 2 Level

Bedrooms 2

Year Built 1891

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Freehold

Property Description

You really can't miss this value added investment that not only makes a strong statement on the street, but is a strong investment too! Not only a bold facade, but a bold almost 8% potential cap rate make this solid semi-detached currently set up as 3 self-contained units an ideal income generating property. The fully renovated rear one-bedroom unit, and second-floor one-bedroom are occupied by excellent low-maintenance tenants, and the front studio is ready to be rented or updated to suit your needs, offering a turn-key opportunity to get into the in-demand Hamilton rental market. The main floor could be consolidated back into one unit for the owner who may want to live in and rent the upper unit. Recent improvements include a complete frame-in renovation of the rear unit, as well as new furnace and hot water tank (2021), updated wiring with 200-amp breaker panel and some exterior brick repointing with the front and side painted (2022), rear stairs replaced (2019), tiled tub surround & bedroom flooring in upper unit just replaced March 2026. Two rear parking spaces on a concrete driveway with paved alley access, plus proximity to downtown and public transit routes makes it a very attractive prospect to tenants. A practical & profitable opportunity for investors to build long-term equity in an improving Lansdale neighbourhood. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level Measurements not available 4pc Bathroom

Extra Room 2 Second level 10'7'' x 11'5'' Bedroom

Extra Room 3 Second level 12'6'' x 9'5'' Eat in kitchen

Extra Room 4 Second level 11'4'' x 10'4'' Living room

Extra Room 5 Basement Measurements not available Storage

Extra Room 6 Basement Measurements not available Utility room

Interior

Heating , Forced air, Space Heater,

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

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Lily Hu

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+1(613) 220-0046 | lilyhu@lilyhuteam.com

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220 EMERALD Street N