20 GERTRUDE Street, Hamilton, Ontario
$524,999
- 4 Beds
- 2 Baths
- 1,113 Square Feet
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! (id:56241)
- Listing ID: 40740384
- Property Type: Single Family
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Listing provided by Michael St. Jean Realty Inc.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 20 GERTRUDE Street in Hamilton Ontario. It was last modified on June 19th, 2025. Contact us to schedule a viewing or to discover other Hamilton homes for sale.