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CAONHamiltonGibson487 Cannon St E
487 Cannon St E, Home with 6 bedrooms, 4 bathrooms and 2 parking in Hamilton ON | Image 1
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$729,999

487 Cannon St E, Hamilton, ON

Real Estate

For Sale

$--,---,---
642
  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size -
Garage No
Taxes $3,474
Days Active 2
Lot Size 
Approx. Age 
MLS® Number X12219524

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® NumberX12219524
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementApartment, Finished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CNone
Heating Fuel

Extras

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