Added 1 week ago
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Type: Detached
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Style: 2 1/2 Storey
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Lot Size: 20 x 95 Feet
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Age: No Data
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Taxes: $3,237 per year
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Added: Apr 15, 2024 (1 week ago)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: X8233738
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Listed By: Right at home realty
Welcome to this meticulously maintained 4-unit property offering exceptional investment potential. With gross rental income of over $51k/year, income has increased while expenses have been reduced from the previous years. Each unit boasts comfortable living with 3 - 1 bedroom apartments and 1-2bedroom unit. Enjoy this turn-key and hassle-free investment with great tenants that are currently paying market rents providing a cash flow positive investment. Many recent updates including a new roof and fence in 2018, interior waterproofing, new concrete walkway, many windows replaced/repaired, plumbing updates, some new doors, tree trimming etc. Please see attachments for a complete list of recent updates. With extensive maintenance completed and tenants in good standing, this property offers a turnkey investment opportunity for savvy investors seeking long-term cashflow and appreciation. Potential upside on interior cosmetic updates. Financials attached. Offers welcome any time!
Upcoming Open Houses
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Property
Status: Sale
Property Type: Detached
Style: 2 1/2 Storey
Area: Hamilton
Community: Gibson
Availability Date: TBD
Inside
Bedrooms: 5
Bedrooms Plus: 1
Bathrooms: 4
Kitchens: 3
Kitchens Plus: 1
Rooms: 17
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Laundry Level: Lower
Washrooms: 4
Building
Basement: Apartment
Basement 2: Finished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Pvt Double
Garage Type: None
Covered Parking Spaces: 2
Total Parking Spaces: 2
Fees
Tax Year: 2023
Tax Legal Description: PT LT 31, PL 158 , PART 1 , 62R6471 ; HAMILTON
Taxes: $3,237
Highlights
Feature: Hospital
Feature: Park
Feature: Place Of Worship
Feature: Public Transit
Feature: Rec Centre
Feature: School
Land
Cross Street: Sanford Ave N/Cannon
Municipality District: Hamilton
Fronting On: North
Parcel Number: 171950064
Pool: None
Sewer: Sewers
Lot Depth: 95 Feet
Lot Frontage: 20 Feet
Walker's Paradise
- Daily errands do not require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
St. Patrick Catholic Elementary School
Elementary: CatholicSt. Brigid Catholic Elementary School
Elementary: CatholicSt. Ann (Hamilton) Catholic Elementary School
Elementary: CatholicAdelaide Hoodless Public School
Elementary: PublicCathy Wever Elementary Public School
Elementary: PublicPrince of Wales Elementary Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicVincent Massey/James Street
Secondary: PublicSt. Charles Catholic Adult Secondary School
Secondary: CatholicSir John A Macdonald Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic-
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