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$999,999
Est. payment /mo
4 Beds
3 Baths
1,999 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,999 sqft
Price per Sqft $500
Subdivision Gibson
MLS® Listing ID X9513280
Bedrooms 4
Half Baths 1
Originating Board Toronto Regional Real Estate Board
Property Description
Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basmt which could bring an additional income of $1,500+ per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Huge income opportunity to be had. Seller has spent $20k in permits to finish bsmt legally, and turning home into legal 4plex. (id:24570)
Location
State ON
Interior
Heating Forced air
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Ownership Freehold
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Listed by RE/MAX ABOUTOWNE REALTY CORP.
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