Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Don’t miss outschedule your showing today!
Mls | 40678456 |
---|---|
Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1917 |
Days On Site | 10 |
Listing Provided By | Rock Star Real Estate Inc. | James Maggs |
Beds | 6 |
---|---|
Baths | 4 |
Sq Feet | 2,510 |
Basement | Y |
Storys | 2 |
Units | 4 |
Zoning | C |
State | ON |
---|---|
County | Hamilton |
City | Hamilton |
Zip Code | L8M 2X4 |
Area | 20 Hamilton Centre |
Subarea | 202 Gibson | Stipley South |
Community Name | 202 Gibson/Stipley South |
Listing VS Median (in 202 Gibson/Stipley South) | |
Price: $999,900 low | high Med: $699,900 SqFt: 2,510 low | high Med: 1,583 $ / SqFt: $398 low | high Med: $442 On Site: 10 low | high Med: 43.000000 |