ON
Hamilton (Gibson)
L8L2E5
487 Cannon E Street
487 Cannon E Street, Hamilton (Gibson), ON L8L2E5
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Listing Type
Multi Family
Listing Status
active
21
$729,999

Home Details for 487 Cannon E Street

Price
$729,999
Type
Residential Income
Bedrooms
6
Bathrooms
4.0
Square feet
NaN
Parking
Days on site
97
Listing #
X12219524
Property Description

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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
Listing Courtesy: RIGHT AT HOME REALTY
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Market statistics compiled from data from Canadian Real Estate Association.
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2279 Fairview St. Unit #1, Burlington, ON L7R 2E3
Office
289 804 0505
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