117 Fairleigh Avenue S Hamilton, Ontario L8M 2K4

6 Bedroom 4 Bathroom 2,299 sqft
Ductless

$964,900

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:50787)

Property Details

MLS® Number 40868452
Property Type Multi-family
Amenities Near By Public Transit
Features Laundry- Coin Operated
Parking Space Total 9
Structure Porch

Building

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

Parking

Detached Garage

Land

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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