49 FAIRLEIGH AVENUE S, Hamilton, Ontario
$999,999
- 4 Beds
- 3 Baths
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. (id:23309)
- Listing ID: X9513280
- Property Type: Single Family
Schedule a Tour
Schedule Private Tour
Karim Ellis would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Karim Ellis, who specializes in Hamilton real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Karim Ellis find a property to match your lifestyle.
Listing provided by RE/MAX ABOUTOWNE REALTY CORP.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 49 FAIRLEIGH AVENUE S in Hamilton Ontario. It was last modified on October 28th, 2024. Contact Karim Ellis to schedule a viewing or to discover other Hamilton homes for sale.