6 Bedroom
4 Bathroom
Forced Air
$699,999
Welcome to this meticulously maintained 4-unit property offering exceptional investment potential. With gross rental income of over $51k/year, income has increased while expenses have been reduced from the previous years. Each unit boasts comfortable living with 3 - 1 bedroom apartments and 1-2bedroom unit. Enjoy this turn-key and hassle-free investment with great tenants that are currently paying market rents providing a cash flow positive investment. Many recent updates including a new roof and fence in 2018, interior waterproofing, new concrete walkway, many windows replaced/repaired, plumbing updates, some new doors, tree trimming etc. Please see attachments for a complete list of recent updates. With extensive maintenance completed and tenants in good standing, this property offers a turnkey investment opportunity for savvy investors seeking long-term cashflow and appreciation. Potential upside on interior cosmetic updates. Financials attached. Offers welcome any time! (id:12178)
Property Details
MLS® Number
|
X8233738 |
Property Type
|
Single Family |
Community Name
|
Gibson |
Amenities Near By
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
Community Features
|
Community Centre |
Parking Space Total
|
2 |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
5 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
6 |
Basement Development
|
Finished |
Basement Features
|
Apartment In Basement |
Basement Type
|
N/a (finished) |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Brick |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
3 |
Type
|
House |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
Sewer
|
Sanitary Sewer |
Size Irregular
|
20 X 95 Ft |
Size Total Text
|
20 X 95 Ft |
https://www.realtor.ca/real-estate/26751385/487-cannon-street-e-hamilton-gibson