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$ 580,000
Est. payment /mo
Price Dropped by $120K
193 Burris ST Hamilton, ON L8M 2J7
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision St. Clair
MLS Listing ID X13517426
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $3,275
Tax Year 2026
Property Sub-Type Duplex
Property Description
193 Burris St, Hamilton is an Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Basement Walk-Up
Kitchen 2
Interior
Interior Features None
Cooling Central Air
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 1
Building
Foundation Not Applicable
Lited by EXP REALTY