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905-634-7755
Brooke Hicks Team, Royal LePage Burloak Real Estate Services
117 FAIRLEIGH Avenue South, Hamilton, Ontario L8M2K4
Listing courtesy of Real Broker Ontario Ltd..
- $964,900
- 6
- BD
- 4
- BA
- 2,299
- SqFt
- List Price
- $964,900
- MLS®
- 40868452
- Days on Market
- 0
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,299
- Subdivision
- 220 - St. Clair/Blakeley
Property Description
Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents. With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit’s own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential. (id:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 220 - St. Clair/Blakeley
- Parking Spaces
- 9
- Cooling
- Ductless
- Country
- Canada
- Sewer
- Municipal sewage system
- Lot Features
- Laundry- Coin operated
- Total Number Of Units
- 4
- Stories
- 3
