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$524,999
20 GERTRUDE Street
Hamilton, Ontario, Ontario, L8L4B8
MLS® Number: 40740384
Property description
Welcome to 20 Gertrude, this 1.5 story income property sits on a spacious 100 foot deep lot located in Crown Point North. The upper unit features 3 bedrooms, 1 bathroom with in-suite laundry, and is currently rented month-to-month to excellent long-term tenants at $2,600 per month. The lower unit offers 1 bedroom, 1 bathroom, with in-suite laundry, and will be vacant upon possession—giving you the perfect opportunity to set your own rent, choose your tenants, or move in yourself. Major updates include a 2025 high-efficiency furnace (5 year warranty),updated ductwork in basement, sump pump (2024), weeping tile on 3/4 walls, roof (2021), spacious deck and gazebo (2021), PEX pipes changed from lead, basement renovation (2022), updated flooring and paint in both units (2022). With zero vacancy, this low-maintenance property generates approximately $48,000 annually, with operating costs around $10,000—making it an ideal passive income investment. Don’t miss this fantastic opportunity!
Building information
Type
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Appliances
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Basement Development
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Basement Type
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Access Type
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Sewer
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Size Depth
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Size Frontage
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Size Total
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Rooms
Main level
Living room
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Dining room
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Kitchen
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Laundry room
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Bedroom
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Mud room
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Basement
3pc Bathroom
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Kitchen
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Living room
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Bedroom
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Laundry room
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Second level
3pc Bathroom
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Bedroom
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Bedroom
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Courtesy of Michael St. Jean Realty Inc.
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