16 Alma Street N, Hagersville, Ontario

About 16 Alma Street N

ATTENTION INVESTORS! LEGAL DUPLEX WITH EXCELLENT INCOME POTENTIAL! This beautifully updated legal duplex offers an exceptional opportunity for investors, first-time buyers, or those looking to live in one unit while generating rental income from the other. Thoughtfully renovated and updated by the owners of Rustic & Reclaimed, this property combines character and charm with modern comfort and functionality. The main and upper units each feature separate entrances, separate hydro meters, in-suite laundry, spacious living areas, and generously sized bedrooms. Both units have been tastefully updated and meticulously maintained, creating comfortable, clean, and inviting spaces for tenants to call home. The property also boasts three fantastic outbuildings, including an extra-large detached garage/workshop with hydro — ideal for storage, a workshop, hobbyist, or additional workspace — plus two large sheds providing plenty of additional storage. Currently tenanted, with both units generating a combined $4,200/month in rental income, providing an attractive opportunity to offset mortgage and carrying costs. Whether you're looking to expand your investment portfolio or occupy one unit and rent the other, this property offers excellent flexibility and potential. Located close to all of Hagersville's amenities, including shopping, restaurants, library, recreation centre, parks, Hagersville Arena, and just steps from the Legion. A well-maintained, income-generating property with extensive updates, great outdoor storage, and a convenient location — don't miss this excellent investment opportunity! (id:36535)

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