$1,090,000

Investment For Sale In Gibson, Hamilton, Ontario

$1,090,000

Property Information:

Turnkey investment opportunity in the heart of Hamilton! This fully renovated, legal duplex features 4 self-contained units, offering strong income potential and long-term value. Over $200,000 in upgrades between 2019-2021, including new AC, central heating, waterproofing, sump pump, waterline upgrade, and separate hydro meters - all the essential infrastructure done. Stylish modern finishes and updated appliances throughout mean zero immediate work required. Ideally located just steps to transit, shopping, schools, parks, and downtown amenities. Minutes to Hamilton General Hospital and GO Station. Whether you're looking to expand your portfolio or need space for multigenerational living, this stabilized asset in a high-demand, growth-oriented neighbourhood is a rare find.At 26 Fairleigh Ave N, the property is comprised of four self-contained units. Unit 1 is a studio basement apartment. Unit 2, located on the main floor, is a two-bedroom unit. Unit 3, on the second floor, is a two-bedroom unit. Unit 4, located in the attic, is a studio apartment. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Flooring Type: Vinyl
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 10
  • Features: Sump Pump
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 137.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33 x 137 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 3

Rooms:

  • 2nd Bedroom 2nd Level 2.39 m x 2.48 m
  • Kitchen 2nd Level 2.23 m x 3.75 m
  • Living 2nd Level 4.97 m x 3.94 m
  • Bedroom 3rd Level 5.06 m x 3.48 m
  • Kitchen 3rd Level 4.81 m x 3.12 m
  • Bedroom Basement Level 3.51 m x 4.82 m
  • Kitchen Basement Level 2.48 m x 5.28 m
  • Bedroom Ground Level 3.68 m x 3.96 m
  • 2nd Bedroom Ground Level 2.81 m x 2.88 m
  • Kitchen Ground Level 3.38 m x 2.71 m
  • Living Ground Level 3.45 m x 3.81 m
  • 2nd Bedroom Ground Level 3.63 m x 3.08 m

Courtesy of: RARE REAL ESTATE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.