49 Fairleigh Ave S
Fairleigh Ave S, Gibson, Hamilton, ON, L8M 2K1
Quick Summary
Quick Summary
- Fully vacant, newly renovated three-unit home
- Potential for a large fourth unit in basement
- Vacant two-bedroom suite with $2,400+ income
- Newly renovated vacant two-bedroom unit with $2,300 income
- Cool bachelor loft space with $1,550+ income
- Massive double lot with 43 x 105 ft dimensions
- Oversized two-car garage with $400+ rent
- $20k in permits to finish basement legally
Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a... Show More
Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basmt which could bring an additional income of $1,500+ per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Huge income opportunity to be had. Seller has spent $20k in permits to finish bsmt legally, and turning home into legal 4plex. (id:54626)
Property Details
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For Sale Nearby
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- 2,000 - 2,500 Sq. Ft.
- 4
- 3
- 4
- 2
- 3,000 - 3,500 Sq. Ft.
- 8
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- 4
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- 1,100 - 1,500 Sq. Ft.
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- 2
- 1,500 - 2,000 Sq. Ft.
- 5
- 2
- 2,000 - 2,500 Sq. Ft.
- 4
- 4
- 1,100 - 1,500 Sq. Ft.
- 3
- 1
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