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Hamilton (gibson)
Gibson
487 Cannon Street E
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$699,999

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487 Cannon Street E, Hamilton (gibson), Ontario

6

Beds

4

Baths

2,000

Square feet

X12219524

MLS® Number

134

Days on Website

$30,000

Price Change

For Sale

Listing Type

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$699,999 | Gibson Hamilton (gibson) Duplex for Sale at 487 Cannon Street E Hamilton (gibson)

Welcome to this meticulously maintained 4-unit investment property, offering exceptional cash flow and long-term appreciation potential. Featuring three 1-bedroom units and one 2-bedroom unit, this turnkey asset generates $52 860 in annual gross rent with very low operating expenses; investors can achieve great positive cash flow, a rare find in today's market! Tenants are paying market rents and in good standing, ensuring stable, hassle-free income. Recent updates include a new roof and fence (2018), interior waterproofing, new concrete walkway, plumbing upgrades, window replacements, door updates, and tree trimming see the full list of improvements in the attachments. With extensive maintenance completed, this is a prime, low-maintenance investment in a high-demand rental market. Upside potential exists with interior cosmetic updates, making this an ideal opportunity for savvy investors looking for both immediate income and long-term growth. Financials attached. Offers welcome anytime! (id:6289)

Financial and Mortgage

List Price $699,999
Previous Price $729,999
Price Reduction $30,000
Monthly Payment $2,919/month
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Days on Website 134
Price per square foot $350

487 Cannon Street E Details

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Construction and Lot

Square Footage 2,000
Bedrooms 6
Bathrooms 4.00
Parking Spaces 2
Parking No Garage
Has Basement Yes
Basement Apartment in basement
Foundation Concrete
Cooling None
Heating Natural gas Forced air
Exterior Brick
# of Stories 3

Exterior of 487 Cannon Street E

Type Multi-family
Amenities Hospital, Park, Public Transit, Place of Worship, Schools

Interior

Appliances Stove, Refrigerator
Fireplace No

Measurements

Square Footage 2,000

Gibson Information

About Gibson in Hamilton (gibson)

Address 487 Cannon Street E
Subdivision Gibson
City Hamilton (gibson)
Province Ontario
Postal Code L8L2E5
Amenities Hospital, Park, Public Transit, Place of Worship, Schools
Office/Brokerage RIGHT AT HOME REALTY

About Condo Complex

Amenities Community Centre
Community Features Community Centre

Gibson Map, Demographics, Characteristics

Book a Viewing of 487 Cannon Street E and other Gibson homes.

See 487 Cannon Street E and other Gibson homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12219524 487 Cannon Street E in Gibson, Hamilton (gibson) Ontario, or fill out the form below. Looking for more Gibson homes for sale in Hamilton (gibson)? Our top Hamilton (gibson) real estate specialists are ready to help you buy or sell in the Gibson area. Contact us today!

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