49 FAIRLEIGH AVENUE S, Hamilton, Ontario
$999,999
- 4 Beds
- 3 Baths
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. (id:23309)
- Listing ID: X9513280
- Property Type: Single Family
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Listing provided by RE/MAX ABOUTOWNE REALTY CORP.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 49 FAIRLEIGH AVENUE S in Hamilton Ontario. It was last modified on October 28th, 2024. Contact Brad Sauve to schedule a viewing or to discover other Hamilton homes for sale.