574 Cannon Street E, Hamilton, Ontario L8L 2G4 (28077785)
$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:59911)
Property Details
| MLS® Number | 40708840 |
| Property Type | Single Family |
| Neigbourhood | Gibson |
| Equipment Type | Water Heater |
| Features | In-law Suite |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Aluminum Siding, Brick Veneer, Stone |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,800 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D |
Interested in 574 Cannon Street E, Hamilton, Ontario L8L 2G4?
Brian Karschti
Salesperson
1044 Cannon Street East
Hamilton, Ontario L8L 2H7
(905) 308-8333