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574 Cannon Street E Hamilton, Ontario L8L 2G4

4 Bedroom 3 Bathroom 1800 sqft
None Forced Air

$749,900

Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 3-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 1 x 2-Bedroom Unit and 2 x 1-Bedroom Units – All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 2 of the 3 units feature private laundry for tenant convenience! Rent roll as such; Unit 1 (second floor): $1,695/month + Hydro, Unit 2 (Main floor): $1,600/month + Hydro and Unit 3 (Basement): $1,057/month (All-Inclusive). A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning. (id:35544)

Property Details

MLS® Number 40708846
Property Type Multi-family
AmenitiesNearBy Hospital
EquipmentType Water Heater
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsTotal 4
BasementDevelopment Finished
BasementType Full (finished)
CoolingType None
ExteriorFinish Aluminum Siding, Brick Veneer, Stone
FoundationType Poured Concrete
HeatingType Forced Air
StoriesTotal 3
SizeInterior 1800 Sqft
Type Triplex
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital
Sewer Municipal Sewage System
SizeTotalText Under 1/2 Acre
ZoningDescription D
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