124 Paling Ave is a legal non-conforming three-family home in east Hamilton and is truly a rare find! This unsuspecting home is nestled amongst single-family homes, offers 3 spacious units, plenty of parking and is situated in a quiet neighbourhood – all while being walking distance to schools, parks, transit and a quick drive to highway access points.
Gross annual income is approximately $50,000 and is fully tenanted to fantastic tenants wishing to stay.
Updates since 2015: kitchen cabinets in 2 units, flooring, painting, brick repointing, flat roof (back), shingles, gas boiler, washers/dryers, vanities, garage door and more.
Rents include heat and water, tenants pay for hydro (separate metres).