Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents. With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit’s own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential. (id:61499)
| MLS® Number | 40868452 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 9 |
| Structure | Porch |
| BathroomTotal | 4 |
| BedroomsTotal | 6 |
| BasementDevelopment | Partially Finished |
| BasementType | Partial (partially Finished) |
| ConstructedDate | 1907 |
| CoolingType | Ductless |
| ExteriorFinish | Brick |
| FoundationType | Block |
| StoriesTotal | 3 |
| SizeInterior | 2299 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
| Detached Garage |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 127 Ft |
| SizeFrontage | 52 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R1a |
https://www.realtor.ca/real-estate/30372788/117-fairleigh-avenue-s-hamilton
Contact us for more information
Scott Benson
Salesperson
Steve Zahnd
Broker
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