193 Burris Street
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About This Property
193 Burris St, Hamilton is an 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. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality. (id:63604)
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Neighbourhood
- Area
- St. Clair
- City
- Hamilton
- Postal code
- L8M 2J7
- Nearby
- Cross Streets: Burris Street & Cumberland Ave. ** Directions: On Burris Street, north of Cumberland Ave.
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