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63 MELROSE Avenue S — photo 1 of 251 / 25

63 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

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