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$ 1,300,000
Est. payment /mo
New
117 Fairleigh AVE S Hamilton, ON L8M 2K4
4 Beds
4 Baths
UPDATED:
11/01/2024 07:22 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID X10353109
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $5,709
Tax Year 2024
Property Description
Exceptional Investment Opportunity! Discover this legal triplex, complete with a bonus additional dwelling unit, located on a spacious double lot. With approximately 3,000 square feet of well maintained living space, this property is a true gem for investors. The layout features two 2-bedroom units and two 1-bedroom units, offering versatile rental options. The main-floor 2-bed unit is currently owner occupied and provides a wonderful live-in option or could be quickly rented with a projected rent of $2,200/m. The other 3 units are happily occupied by A++ tenants. The home is equipped with efficient boiler heat, ensuring convenience for both owners and tenants. Additionally, this property includes in-suite coin operated shared laundry, and a detached garage and a storage shed, providing further potential for income (approx. $50/m for laundry and projected $200/m for garage) or personal use. The ideal location, turn key building, and practical layout make this a standout investment opportunity. You'll be hard pressed to find a better layout, location, and overall quality. Pride of ownership is evident throughout don't miss this rare offering. Call your Realtor to book your showing today!
Location
State ON
County Hamilton
Area Blakeley
Rooms
Family Room No
Basement Partial Basement, Partially Finished
Kitchen 4
Separate Den/Office 1
Interior
Interior Features Accessory Apartment, Separate Hydro Meter
Cooling Other
Fireplace No
Heat Source Other
Exterior
Exterior Feature Porch
Garage Private Triple
Garage Spaces 8.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 9
Building
Foundation Concrete Block
Listed by REAL BROKER ONTARIO LTD.