102 ROSSLYN AVENUE N, Hamilton (Crown Point)
4 BEDS · 3 BATHS · 1100 - 1500 sqft
$649,000
102 Rosslyn Avenue N, Hamilton is an investment property within a portfolio. A five-door rooming house with a self-contained basement unit, offered at a 6.10% in-place cap rate on current rents. This property generates $54,660 in gross annual rent and $41,460 NOI, with one door currently vacant and ready for immediate lease-up. The upper floors offer four main rooms, one with a private bath, above a separate 2-room basement unit with its own layout. Recent capital upgrades - a new water heater and furnace, in-suite washer and dryer, and central heat and A/C - mean minimal near-term capital outlay for a new owner, and 2-car parking adds a rentable amenity. Four of the five upstairs doors are already month-to-month, giving a new owner substantial room to reset rents to market across the upper unit on standard notice. The separate basement unit is currently vacant and available for immediate lease-up at an asking rent of $1,350/month, adding a distinct income stream that can be repositioned independently of the rest of the property.
General Info
| MLS Listing ID: X13541340 | Bedrooms: 4 | Bathrooms: 3 | Year Built: 0 |
| Listing Type: Single Family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Unknown | Roof: N/A | Title To Land: Freehold | Parking Space Total: 2 |
| Parking: No Garage | Heating: Forced air | Size: 1100 - 1500 sqft | Air Conditioning : Central air conditioning |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A (Finished) |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |


















