Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents. With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit’s own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential. (id:15069)
| MLS® Number | 40868452 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Features | Laundry- Coin Operated |
| Parking Space Total | 9 |
| Structure | Porch |
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1907 |
| Cooling Type | Ductless |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Stories Total | 3 |
| Size Interior | 2,299 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Detached Garage |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 127 Ft |
| Size Frontage | 52 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1a |
https://www.realtor.ca/real-estate/30372788/117-fairleigh-avenue-s-hamilton
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