487 Cannon St, Hamilton

487 Cannon St, Gibson, Hamilton L8L2E5

2 1/2 Storey, Detached House
17 + 3 Rooms Total, 3 + 1 Kitchens
2 Parking Spaces

20.00 x 95.00

Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
Apartment, Finished Basement
Brick Exterior

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!

Pt Lt 31, Pl 158 , Part 1 , 62R6471 ; Hamilton

4-piece on bsmt level
4-piece on main level
4-piece on 2nd level
4-piece on 3rd level