63 MELROSE AVENUE S
Hamilton (Stipley), Ontario
MLS® X13769078
$649,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13769078
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- —
1 / 52Listing 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!
Property summary
- MLS® number
- X13769078
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 40 x 120 FT
- Annual property taxes
- $4,765.14
- Parking
- 3 spaces · Detached Garage, Garage
- Days on market
- 6 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Partially finished, Full
- Appliances
- Washer, Dishwasher, Dryer, Two stoves, Water Heater, Two Refrigerators
- Exterior features
- Brick
What would this home cost you?
Based on the $649,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC., HAMILTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.