LOADING

49 Fairleigh Avenue S Hamilton, Ontario L8M 2K1

4 Bedroom 3 Bathroom
Forced Air

$1,339,000

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:48469)

Property Details

MLS® Number X8350034
Property Type Multi-family
Community Name Gibson
Parking Space Total 7

Building

Bathroom Total 3
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Appliances Water Meter, Window Coverings
Basement Development Unfinished
Basement Type Full (unfinished)
Exterior Finish Brick
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Other
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 105 Ft
Size Frontage 43 Ft
Size Irregular 43 X 105 Ft
Size Total Text 43 X 105 Ft

https://www.realtor.ca/real-estate/26912110/49-fairleigh-avenue-s-hamilton-gibson

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