574 Cannon Street E Hamilton, Ontario L8L 2G4
$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:50886)
Property Details
MLS® Number | 40708846 |
Property Type | Multi-family |
Amenities Near By | Hospital |
Equipment Type | Water Heater |
Parking Space Total | 2 |
Rental Equipment Type | Water Heater |
Building
Bathroom Total | 3 |
Bedrooms Total | 4 |
Basement Development | Finished |
Basement Type | Full (finished) |
Cooling Type | None |
Exterior Finish | Aluminum Siding, Brick Veneer, Stone |
Foundation Type | Poured Concrete |
Heating Type | Forced Air |
Stories Total | 3 |
Size Interior | 1,800 Ft2 |
Type | Triplex |
Utility Water | Municipal Water |
Land
Access Type | Highway Access |
Acreage | No |
Land Amenities | Hospital |
Sewer | Municipal Sewage System |
Size Total Text | Under 1/2 Acre |
Zoning Description | D |
https://www.realtor.ca/real-estate/28078400/574-cannon-street-e-hamilton
Contact Us
Contact us for more information
Brian Karschti
Salesperson
1044 Cannon Street East
Hamilton, Ontario L8L 2H7
(905) 308-8333