14 NORWAY AVENUE, HAMILTON, ON L8M2V7

Description de la propriété située au 14 NORWAY Avenue

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:38686)