$730,000
Status: For Sale
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!
| Price | :$730,000 |
| Property Taxes | :$3236.76 |
| Tax Year | :2023 |
| Bedrooms | :5 + 1 |
| No. of Rooms | :17 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Sanford Ave N/Cannon St E |
| Bathrooms | :4 |
| Fuel | :Gas |
| Exterior Finish | :Brick |
| Internet | :Yes |
| Parking Space | :2 |
| Basement | :Apartment |
| Garage | :None |
| Laundry Level | :Lower |
| Park | :Park |
| Public Transit | :No |
| School | :No |
15 Apr, 2024
TREB #X8233738
Listed
$730000.0
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487 Cannon St E brings to you its latest residential development at a prime location in Hamilton, Ontario.
RIGHT AT HOME REALTY presents 487 Cannon St E to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 730,000. 487 Cannon St E is the most luxurious Resedential nestled in Gibson, Hamilton, Ontario Canada. 487 Cannon St E development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Detached are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 487 Cannon St E embody modern sophistication combined with the charm of the classic.
The residents at 487 Cannon St E can enjoy exclusive access to an array of top-notch area size sqft. Wait there’s more! 487 Cannon St E also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 5+1 beds, 4 baths.
Square Yards is offering Cashback amount of $3,650 on Booking the inventory, the project is live since 3 Days, there is 0.010000000000005116% Increase in Price since 2023-04-14. Hamilton Real Estate offers mls multiple listing service from the real estate board of Hamilton. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
