117 FAIRLEIGH Avenue S

Hamilton, Ontario L8M2K4

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$964,900

2,298.96 sqft

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Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents . With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit’s own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential. (id:54619)

General Info

Basement: Partial (Partially finished)

Building Type: House

Total Stories: 2.5

Attached Structures: Porch

Amenities Nearby: Public Transit

Parking: Detached Garage

Rooms

Second level: Bedroom; 11'8'' x 12'11''

: Living room; 13'6'' x 15'6''

: Kitchen; 6'8'' x 7'8''

: Dining room; 9'8'' x 11'10''

: Bedroom; 12'6'' x 10'7''

: 4pc Bathroom; 8'10'' x 5'10''

Third level: Living room; 15'6'' x 9'0''

: Kitchen; 7'1'' x 9'8''

: Dining room; 7'9'' x 5'5''

: Bedroom; 17'2'' x 11'1''

: 4pc Bathroom; 4'11'' x 9'4''

Lower level: Utility room; 12'10'' x 13'0''

: Utility room; 11'8'' x 7'2''

: Laundry room; 8'0'' x 19'2''

: Living room; 11'1'' x 9'10''

: Kitchen; 4'3'' x 17'2''

: Bedroom; 11'1'' x 9'10''

: 4pc Bathroom; 5'0'' x 6'9''

Main level: Storage; 7'11'' x 3'6''

: Bedroom; 13'7'' x 9'3''

: Living room; 13'6'' x 13'1''

: Kitchen; 8'1'' x 9'11''

: Dining room; 12'4'' x 11'0''

: Den; 7'2'' x 9'11''

: Bedroom; 13'7'' x 9'1''

: 4pc Bathroom; 7'11'' x 5'9''

Other Details Turnkey 4-unit investment property on a generous double lot, fully tenanted at market rents . With non-smoking, pet-free tenants already in place, this solid brick property provides immediate income with added long-term upside. Units 2 and 3 feature recently installed heat pumps providing efficient heating and air conditioning, each connected to the unit’s own hydro meter. A finished laundry room with coin-operated laundry adds further convenience and income potential. Outside, the rare double lot offers a large yard, paved double driveway and detached garage at the end of the long driveway, which could be rented as-is for additional income or explored for future ADU potential. There may also be future severance potential, offering even more possibilities for the property. Located in a quiet, family-friendly neighbourhood just a short walk from the proposed LRT stop, this property combines strong existing income, and exciting long-term investment potential. (id:54619)