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$729,999
Status: For Sale
Welcome to this meticulously maintained 4-unit investment property, offering exceptional cash flow and long-term appreciation potential. Featuring three 1-bedroom units and one 2-bedroom unit, this turnkey asset generates $52 860 in annual gross rent with very low operating expenses; investors can achieve great positive cash flow, a rare find in today's market! Tenants are paying market rents and in good standing, ensuring stable, hassle-free income. Recent updates include a new roof and fence (2018), interior waterproofing, new concrete walkway, plumbing upgrades, window replacements, door updates, and tree trimming see the full list of improvements in the attachments. With extensive maintenance completed, this is a prime, low-maintenance investment in a high-demand rental market. Upside potential exists with interior cosmetic updates, making this an ideal opportunity for savvy investors looking for both immediate income and long-term growth. Financials attached. Offers welcome anytime!
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12018990 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :25 Mar, 2025 (4 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Hamilton |
|---|---|
| Postal Code | :
L8L 2E5
|
| Price | : $729,999 |
|---|---|
| Property Taxes | :$3474.34 |
| Tax Year | :2024 |
|---|
| Bedrooms | :5 + 1 |
|---|---|
| No. of Rooms | :17 |
| Heating | :Forced Air |
| Place of Worship | :Yes |
| Cross Street | :Sanford Ave N/Cannon St E |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Fireplace/Stove | :Yes |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :2 |
| Basement | :Apartment |
| Laundry Level | :Lower Level |
|---|---|
| Park | :Park |
14 Mar, 2025
TREB #X12018990
Listed
$729,999
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