193 Burris Street Hamilton, Ontario L8M 2J7

$700,000

This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 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. (id:55460)

Property Details

MLS® Number	X13517426
Property Type	Multi-family
Community Name	St. Clair
Features	Lane
Parking Space Total	1

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	1
Bedrooms Total	4
Basement Features	Walk-up
Basement Type	N/a
Cooling Type	Central Air Conditioning
Exterior Finish	Brick Veneer
Half Bath Total	2
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Size Interior	1,100 - 1,500 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	20 Ft ,2 In
Size Irregular	20.2 X 100 Ft
Size Total Text	20.2 X 100 Ft

https://www.realtor.ca/real-estate/29983840/193-burris-street-hamilton-st-clair-st-clair