49 Fairleigh Avenue S, Hamilton (Gibson), Ontario L8M 2K1

Listed for:
$1,339,000
4 beds
3 baths
Listed 56 days ago
Other for rent: 49 Fairleigh Avenue S, Hamilton (Gibson), Ontario L8M 2K1

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Learn more about this property
Listing provided by:
RE/MAX ABOUTOWNE REALTY CORP.
MLS® number:
X8350034
Agent:
Reem Daoud
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About

Main St E 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:27476)

Property Highlights

Type
Other
Cooling type
Heating fuel
Natural gas
Fireplace
No
Construction material
Brick
Parking space
7
Ownership Type
Amenities nearby

Location