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487 Cannon E Street, Hamilton (Gibson), ON L8L2E5

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Listing Type
Multi Family
Listing Status
active
21
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$699,999

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Home Details for 487 Cannon E Street
Price
$699,999
Type
Multi Family
Bedrooms
6
Total Bathrooms
4
Listing #
X12219524
On exitrealty.com
153 days
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
Listing Courtesy: RIGHT AT HOME REALTY
mls_iconThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
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EXIT REALTY STRATEGIES, BROKERAGE
2279 Fairview St. Unit #1, Burlington, ON L7R 2E3
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$699,999

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EXIT REALTY STRATEGIES, BROKERAGE
2279 Fairview St. Unit #1, Burlington, ON L7R 2E3
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