$999,999
Available - For Sale
Listing ID: X9513280
49 Fairleigh Ave South , Hamilton, L8M 2K1, Ontario
| Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basmt which could bring an additional income of $1,500+ per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Huge income opportunity to be had. Seller has spent $20k in permits to finish bsmt legally, and turning home into legal 4plex. |
| Price | $999,999 |
| Taxes: | $4930.00 |
| Address: | 49 Fairleigh Ave South , Hamilton, L8M 2K1, Ontario |
| Lot Size: | 43.00 x 105.00 (Feet) |
| Directions/Cross Streets: | Main St E |
| Rooms: | 5 |
| Rooms +: | 2 |
| Bedrooms: | 2 |
| Bedrooms +: | 2 |
| Kitchens: | 1 |
| Kitchens +: | 1 |
| Family Room: | Y |
| Basement: | Full, Unfinished |
| Approximatly Age: | 51-99 |
| Property Type: | Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 5 |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 2000-2500 |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Other |
| Laundry Level: | Lower |
| Sewers: | Sewers |
| Water: | Municipal |
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| RE/MAX ABOUTOWNE REALTY CORP. |
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Dir:
416-828-2535
Bus:
647-462-9629
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Gibson |
| Style: | 2 1/2 Storey |
| Lot Size: | 43.00 x 105.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $4,930 |
| Beds: | 2+2 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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