Hamilton, Gibson, L8M 2W1
$699,000
Listed by RE/MAX ESCARPMENT REALTY INC..
Rare turn-key fire-retrofitted, legally established non-conforming two-family dwelling with three separate units. The upper unit is currently vacant allowing buyer to set new rent. This property boasts long-term, clean, and respectful tenants, making it an excellent investment opportunity. Recent updates include newer electrical with ESA certificate & inspection & newer plumbing throughout the building, premium energy efficient easy-clean tilt-in windows, new shingles in 2016. The modern kitchens and bathrooms have been tastefully updated, featuring some ceramic flooring for added elegance in these essential spaces. The spacious basement apartment has been refurbished, offering a fresh and inviting living area. Outside, you'll find a fully fenced yard with the rear fence easily reopened for double driveway access through the alley, enhancing parking options and ease of entry. Additionally, the attic space is unfinished and ready for your personal touch, providing the potential for further expansion or customization. With its prime location, established tenants, and numerous updates, this property is a fantastic opportunity for both seasoned investors, multi generational families & first-time buyers alike.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 3 times before. To view this property's sale price history please sign in or register: