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
MLS®
X13769078
Days on Market
1
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
6
Bathrooms
4
Lot Size Dimensions
40 x 120 FT
Subdivision
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

Basement Features
Partially finished, Full
Basement
Yes
Garage
Yes
Subdivision
Stipley
Parking Spaces
3
Fireplaces
1
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Stories
2.5

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Calculator source: Real Geeks