63 MELROSE Avenue S, Hamilton

$649,900 · 6 Bed 4 Bath

63 MELROSE Avenue S, Hamilton — photo 163 MELROSE Avenue S, Hamilton — photo 263 MELROSE Avenue S, Hamilton — photo 363 MELROSE Avenue S, Hamilton — photo 463 MELROSE Avenue S, Hamilton — photo 563 MELROSE Avenue S, Hamilton — photo 663 MELROSE Avenue S, Hamilton — photo 763 MELROSE Avenue S, Hamilton — photo 863 MELROSE Avenue S, Hamilton — photo 9

About this property

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:66939)

Property details

Price
$649,900
Bedrooms
6
Bathrooms
4
Living area
2,668 square feet
Lot size
0.11 acres
Parking
3
Year built
1915
Property type
Multi-family
Basement
Partially finished, Full
MLS® number
40859911

Location

Map showing the location of 63 MELROSE Avenue S, Hamilton

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Source board: Cornerstone Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. 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 are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.