63 Melrose Avenue South, Hamilton (Stipley), Ontario L8M2Y4

Listing courtesy of RE/MAX ESCARPMENT REALTY INC..

$649,900
6
BD
4
BA

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List Price
$649,900
Status
ACTIVE
Days on Market
1
MLS® #
TorontoRegionalRealEstateBoard-X13769078
Bedrooms
6
Bathrooms
4
Subdivision
Stipley
Neighborhood
Stipley
MLS Area Major
Stipley

Property Description

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:5764)

Additional Information

Exterior Features
Brick
Taxes
$4,765
Community Features
Stipley
Appliances
Washer, Dishwasher, Dryer, Two stoves, Water Heater, Two Refrigerators
Heating
Forced air, Natural gas
Air Conditioning
Central air conditioning
Stories
2.5
Foundation
Block
Parking Features
Detached Garage, Garage

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Calculator source: Real Geeks