fbpx

574 Cannon Street E Hamilton, Ontario L8L 2G4

4 Bedroom 3 Bathroom
Window Air Conditioner Forced Air

$749,900

Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 3-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 1 x 2-Bedroom Unit and 2 x 1-Bedroom Units All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 2 of the 3 units feature private laundry for tenant convenience! Rent roll as such; Unit 1 (second floor): $1,695/month + Hydro, Unit 2 (Main floor): $1,600/month + Hydro and Unit 3 (Basement): $1,057/month (All-Inclusive). A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning. (id:51158)

MLS: X12047702 For sale : 574 CANNON STREET E Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 3-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 1 x 2-Bedroom Unit and 2 x 1-Bedroom Units All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 2 of the 3 units feature private laundry for tenant convenience! Rent roll as such; Unit 1 (second floor): $1,695/month + Hydro, Unit 2 (Main floor): $1,600/month + Hydro and Unit 3 (Basement): $1,057/month (All-Inclusive). A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning. (id:51158)

Property Details

MLS® Number X12047702
Property Type Multi-family
Community Name Gibson
Equipment Type Water Heater
Features In-law Suite
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Total 4
Age 51 To 99 Years
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished)
Cooling Type Window Air Conditioner
Exterior Finish Brick, Stone
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 24 Ft
Size Irregular 24 X 100 Ft
Size Total Text 24 X 100 Ft

https://www.realtor.ca/real-estate/28088087/574-cannon-street-e-hamilton-gibson-gibson

Contact Us

Contact us for more information

Your Favourites

 

No Favourites Found

 

Get Priority Access

Be the First to Access to Reduced, Bank Owned, Must Sell, Bank foreclosures, Estate Sales, probate, coming soon  and Off-Market Homes For Sales.