Listed by Revel Realty Inc..

198 Berko Avenue is a Duplex, Bungalow and is currently for Sale @ $784,900. Taxes in 2025 were $5,060.33.

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LEGAL two family investment property on the highly sought after East Hamilton Mountain! Completely redone/built-out in 2023, 198 Berko Avenue offers a 3+2 bedroom suite mix (with 1 full bath per) generating $4665 in monthly gross rents with all utilities passed on to the AAA tenants! Furthermore, property features include large floor-plans (with enclosed porch), generous 44x114 lot, ample parking, separate hydro meters and operating at a true 5. The Bungalow on 198 Berko Avenue has 3 bedrooms, 2 bathrooms, and is located on a 114.54 x 44.01 ft lot in the community of Lawfield .5% cap rate. Yield calculation includes a 20% down payment, 30 year amortization, at a 4.5% interest rate with 8% in monthly contingencies (3% vacancy, 5% maintenance) while maintaining a few hundred dollars in positive cash-flow. A safe investment in a premier rental area across the street from green space with shopping and highway access nearby! Legal basement suite professionally converted by 555 Construction Management Inc & managed by local Property Management Company- Total Property Solutions. A very complete and sound investment opportunity. Rents well above market value due to management

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The address 198 Berko Avenue was listed for sale (MLS# X12369556) on Thursday, August 28, 2025.