536 Cannon Street East, Hamilton (Gibson), Ontario L8L2E9

Listing courtesy of RE/MAX ESCARPMENT REALTY INC..

$679,900
5
BD
4
BA

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List Price
$679,900
MLS®
X13417632
Days on Market
102
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
4
Lot Size Dimensions
25.5 x 80 FT
Subdivision
Gibson

Property Description

An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA. (id:5764)

Additional Information

Subdivision
Gibson
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Carpet Free, In-Law Suite
Stories
2.5

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Calculator source: Real Geeks