Unique Rental/Wholetail Opportunity on Hamilton Mountain!! Assigned

  • $364,000
  • 1 beds
  • 1 baths
Assigned

The perfect opportunity for a quick flip or rental! This property is currently set up as a 1-bedroom but has the space and ability to be converted back to a 2 or 3 bedroom home. A 2-minute drive, or 20-minute walk from Mohawk College, this could be the perfect student rental. Surrounded by parks and amenities, this property could also be the perfect quick flip for a family. Included in this home is a contract for solar panels. The solar panels could have a possible source of income for the new owner. Don’t miss your chance!

We are selling our assignable purchase contract.

Closing is April 30th, 2020.

Please Click HERE for more pictures and information.

Price:
$364,000
Address:
Upper Wellington St
Hamilton, ON
Bedrooms:
1
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home

Additional Features

- Currently a 1 bedroom (can be converted back to a 2 or 3 bedroom) - 1 bathroom - Storage in garage attic - 5-year-old Grasshopper solar panels on roof (15 more years left of contract) - The panels cannot be taken off until end of contract - The panels are at no cost to the Buyer - Small yearly profit of $400 can be made by repaying part of the original $3000 buyout to the Seller (please ask Katarina for more information) - Cannot be transferred to a corporation due to the solar panel contracts - Half basement (one half is a crawl space) Property Needs: - Light cosmetic updating - Some flooring and painting - Kitchen needs updating **The closing date is subject to change due to this being an estate sale.**

Call (289) 200-1500 for more details

Property Location