Welcome to this meticulously maintained 4-unit property offering exceptional investment potential. With gross rental income of over $51k/year, income has increased while expenses have been reduced from the previous years. Each unit boasts comfortable living with 3 - 1 bedroom apartments and 1-2bedroom unit. Enjoy this turn-key and hassle-free investment with great tenants that are currently paying market rents providing a cash flow positive investment. Many recent updates including a new roof and fence in 2018, interior waterproofing, new concrete walkway, many windows replaced/repaired, plumbing updates, some new doors, tree trimming etc. Please see attachments for a complete list of recent updates. With extensive maintenance completed and tenants in good standing, this property offers a turnkey investment opportunity for savvy investors seeking long-term cashflow and appreciation. Potential upside on interior cosmetic updates. Financials attached. Offers welcome any time!
House for sale, 487 Cannon St E, in Hamilton, Canada
487 Cannon St E, Hamilton, ON L8L 2E5, Canada, 487 Cannon St E
Detached house • 20 room(s) • 6 bed. • 4 bath. • ref: 12713381
SGD 728,191
Spaces
Rooms20
Bedrooms6
Bathrooms4
487 Cannon St E, Hamilton
Right at Home Realty, Brokerage*
30-480 Eglinton Ave W
L5R 0G2 Mississauga