49 Fairleigh Avenue S, Hamilton, Ontario L8M 2K1

Listed for:
$1,199,000
0 beds
3 baths
Listed 36 days ago
House for rent: 49 Fairleigh Avenue S, Hamilton, Ontario L8M 2K1

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Learn more about this property
Listing provided by:
RE/MAX Aboutowne Realty Corp.
MLS® number:
40695401
Agent:
Reem Daoud
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About

Main St E Rare opportunity to own this newly renovated three unit home in Hamilton Centre 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 basement 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+). Perfect for a savvy investor or purchaser looking to supplement their mortgage payment. Huge income opportunity to be had, do not miss out on this rare offering. Seller in the works of obtaining permit to finish basement legally, and turning home into legal 4plex. steps to downtown, Go Station and highways, the property is located in a desirable family-friendly neighbourhood. (id:27476)

Property Highlights

MLS® Number
40695401
Type
Single Family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
7

Building

Building Type
House
Storeys
3.00
Square Footage
2500 sqft
Bathrooms Total
3
Amenities
Hospital, Place of Worship, Public Transit
Exterior Finish
Brick Veneer, Shingles
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

4pc Bathroom
Second level
Measurements not available
3pc Bathroom
Third level
Measurements not available
Laundry room
Basement
Measurements not available
3pc Bathroom
Main level
Measurements not available

Location

Street Spotlight - For sale