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.
City: Hamilton
Neighborhood: Gibson
Located at 49 Fairleigh Ave S , this Hamilton house was listed for $999,999. This house's size is 2000-2500 Sqft. It has 2 bedrooms and 3 bathrooms. The property includes the following rooms: . This property comes with 7 parking spots. 49 Fairleigh Ave S, Hamilton is situated in the Gibson neighbourhood.
MLS#: X9513280 · $999,999 · 2 bedroom house in Gibson, Hamilton