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49 Fairleigh Avenue Hamilton, Ontario

$999,000
4 Beds
  3 Full / 1 Half

PROPERTY INFO

Rare opportunity to own this newly renovated three unit home in Hamilton Centre 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 two-bedroom suite with the income of $2,200, Unit 2 is a newly renovated two-bedroom unit ($1,800), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of$1,400. The Gross Annual income is $64,800.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basement 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+). Perfect for a savvy investor or purchaser looking to supplement their mortgage payment. Huge income opportunity to be had, do not miss out on this rare offering. Seller in the works of obtaining permit to finish basement legally, and turning home into legal 4plex. Steps to downtown, Go Station and highways, the property is located in a desirable family-friendly neighbourhood. (id:4555)

PROPERTY SPECS

Price $999,000
City Hamilton, Ontario
Bed / Bath 4 / 3 Full, 1 Half
Address 49 Fairleigh Avenue
Listing ID X13144184
Style House
Parking 7.00
Type Residential
Status For Sale

EXTENDED FEATURES

Subtype Single Family Features Carpet Free Ownership Freehold Basement Unfinished, Full Heating / Cooling Forced air, Natural gas Sewer Sanitary sewer Parking 7.00



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