| East Avenue North, Hamilton, Ontario
Offer Date: FIRST COME FIRST SERVE
Closing Date: April 16th, 2024
The Buyer acknowledges they will be covering the Sellers legal fees up to $1500.00
**Realtors bring us a client and add your commission on top of the purchase price**
About the Property
Welcome to your newest SLG deal in Hamilton!
This semi-detached home in Hamilton is the perfect wholetail! A fresh coat of paint will go a long way as the property already has updated flooring throughout. There are 3 bedrooms located upstairs and one bedroom on the main floor. This home was listed at $440,000 for one day before the sellers took it off the market but can now be purchased for thousands less! The garage now only has a man door, however, can easily be converted back or knocked down to add more parking! This property is perfect for an investor looking for their next fix and flip or buy and hold in the growing city of Hamilton! Call NOW! This deal will not last!
Property Details
- Semi-Detached House
- 4 bedrooms
- 1 bedroom on the main floor
- 2 bathrooms
- 1 full bathroom
- 1 3pc bathroom on main floor
- All appliances are included in the sale
- Painted wood panelling throughout
- 1057 sqft above grade
- 176 sqft below grade
- Crawl Space
- Furnace and HWT are located here
- Property taxes are about $2083
- Electrical panel is breaker, copper wiring
- Built in 1890
- Furnace was purchased in 2012
- HWT is a rental
- No A/C
- Seller unsure of age for roof and windows, in good condition
- Lot size is 28ft x 91ft
- D5 Zoning
Recommended Renovations
- Fresh coat of paint throughout (cabinets included)
- Consider adding A/C
- The seller has the option to leave junk behind so we would recommend budgeting for junk removal
The Numbers
We are selling our assignable purchase contract for this excellent WHOLETAIL or FIX and FLIP opportunity.
- Wholesale Price: $369,999
- We believe that this property is worth $420,000 on the MLS
- We believe that after the above renovation recommendations are completed, this property should be worth at least $460,000 on the MLS.
- We believe that after a FULL renovation this property should be worth at least $520,000 on the MLS.
- Purchase today for $50K BELOW MARKET VALUE
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