ON
Hamilton
L8M 2Y4
63 MELROSE Avenue
63 MELROSE Avenue, Hamilton, ON L8M 2Y4
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Listing Type
Multi Family
Listing Status
Active
49
$649,900

Home Details for 63 MELROSE Avenue

Price
$649,900
Type
Residential Income
Bedrooms
6
Total Bathrooms
4
Square feet
2668
Year built
1915
Lot size acres
0.11
Basement
Partially Finished, Full
Listing #
40859911
Property Description

An exceptional opportunity in the heart of the Gibson-Stipley neighbourhood! This large, updated and Vacant 2 unit property offers incredible flexibility for investors and owner-occupiers alike. With two spacious, move-in-ready units, the property is ready for a new owner to select their own tenants and establish current market rents from day one. Live in one unit while generating income from the other to help offset your mortgage, or add this turnkey property to your investment portfolio and maximize its rental potential. Looking for even more upside? The property also offers potential to create a third unit with separate side entrance, providing an exciting opportunity to further increase revenue and long-term value. Ideally situated in an established central Hamilton neighbourhood close to transit, schools, shopping, amenities and downtown. A rare opportunity to acquire a vacant, updated multi-unit property with strong income potential and multiple options for the future! (id:31684)

Property Features
  • Basement
    • Partially Finished
    • Full
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Parking
    • Detached
Listing Courtesy: RE/MAX Escarpment Realty Inc.
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240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
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647 618 3158
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