1 / 2563 MELROSE Avenue S
Hamilton, Ontario, L8M2Y4
$649,900
Bedrooms
6
Bathrooms
4
Living area
2,668 square feet
Parking
3
Year built
1915
Lot size
0 acres
About this property
An exceptional opportunity in the heart of the Gibson-Stipley neighbourhood! This large, updated and Vacant 2 unit property offers incredible flexibility for investors and owner-occupiers alike. With two spacious, move-in-ready units, the property is ready for a new owner to select their own tenants and establish current market rents from day one. Live in one unit while generating income from the other to help offset your mortgage, or add this turnkey property to your investment portfolio and maximize its rental potential. Looking for even more upside? The property also offers potential to create a third unit with separate side entrance, providing an exciting opportunity to further increase revenue and long-term value. Ideally situated in an established central Hamilton neighbourhood close to transit, schools, shopping, amenities and downtown. A rare opportunity to acquire a vacant, updated multi-unit property with strong income potential and multiple options for the future! (id:66779)
Details
- Sewer
- Municipal sewage system
- Cooling
- Central air conditioning
- Heating
- Forced air
- List aor
- Cornerstone
- Stories
- 2.5
- Basement
- Partially finished, Full
- Year built
- 1,915
- Appliances
- Microwave Built-in
- Fireplace
- No
- Lot features
- Skylight
- Water source
- Municipal water
- Structure type
- Duplex
- Parking features
- Detached Garage
- Tax annual amount
- 4,765.14
- Exterior features
- Brick, Other
- Lot size dimensions
- 0.11
- Zoning description
- C
- Property attached
- Yes
- Above grade finished area
- 2,668
More in Hamilton
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