6 Bedroom
4 Bathroom
2,299 sqft
Ductless
$964,900
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:49269)
Property Details
|
MLS® Number
|
40868452 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Public Transit |
|
Features
|
Laundry- Coin Operated |
|
Parking Space Total
|
9 |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Total
|
6 |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Partial (partially Finished) |
|
Constructed Date
|
1907 |
|
Cooling Type
|
Ductless |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Stories Total
|
3 |
|
Size Interior
|
2,299 Sqft |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
127 Ft |
|
Size Frontage
|
52 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R1a |
https://www.realtor.ca/real-estate/30372788/117-fairleigh-avenue-s-hamilton