1 / 2563 MELROSE AVENUE S
Hamilton (Stipley), Ontario, L8M2Y4
$649,900
Bedrooms
6
Bathrooms
4
Parking
3
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)
Rooms
| Living room | Ground level | — |
| Bedroom | Second level | — |
| Bedroom 2 | Third level | — |
| Bedroom 3 | Third level | — |
| Kitchen | Ground level | — |
| Dining room | Ground level | — |
| Bedroom | Ground level | — |
| Bedroom 2 | Basement | — |
| Bedroom 3 | Basement | — |
| Recreational, Games room | Basement | — |
| Kitchen | Second level | — |
| Living room | Second level | — |
| Dining room | Second level | — |
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 2.5
- Basement
- Partially finished, Full
- Appliances
- Washer, Dishwasher, Dryer, Two stoves, Water Heater, Two Refrigerators
- Directions
- Melrose and Dunsmure Road
- Fireplace
- Yes
- Water source
- Municipal water
- Structure type
- Duplex
- Fireplaces total
- 1
- Parking features
- Detached Garage, Garage
- Tax annual amount
- 4,765.14
- Exterior features
- Brick
- Foundation details
- Block
- Lot size dimensions
- 40 x 120 FT
- Zoning description
- C
- Bedrooms above grade
- 6
- Property attached
- Yes
More in Hamilton
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided by the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by CREA.