Realestate

Property Details

1 of 18
$700,000
193 Burris Street, Hamilton, ON L8M 2J7
3 + 1
2
MLS®X13517426
Property Type
Residential Freehold
Sub Type
Duplex
Heating
Forced Air
Cooling
Central Air
Lot Size
100 x 20.17 Feet
Approx Age
N/A
193 Burris St, Hamilton - 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, where nearby homes have sold well above $750,000 - including 197 Burris next door, which sold for $769,000. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality.
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