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574 Cannon Street E Hamilton, Ontario L8L 2G4

4 Bedroom 3 Bathroom 1,800 ft2
None 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: 40708846 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 40708846
Property Type Multi-family
Amenities Near By Hospital
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Aluminum Siding, Brick Veneer, Stone
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 3
Size Interior 1,800 Ft2
Type Triplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description D

https://www.realtor.ca/real-estate/28078400/574-cannon-street-e-hamilton

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