$749,900

House For Sale In Gibson, Hamilton, Ontario

$749,900
  • 5+1

    Bedrooms

  • 4

    Baths

  • 29.1 x 88.9 FT

    Lot Size

Property Information:

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Largemain/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit atmarket rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydrometers (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suitelaundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Cooling Type: Wall unit
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove

Property Features:

  • Property Type: Single Family
  • Bedrooms: 5+1
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features:
  • Irregular: Yes
  • Lot Depth: 88.8 Feet
  • Lot Frontage: 29.1 Feet
  • Lot Size: 29.1 x 88.9 FT
  • Zoning: D/S-1822
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 1

Rooms:

  • Bedroom 2nd Level 3.58 m x 3.10 m
  • Bedroom 2nd Level 3.20 m x 2.90 m
  • Bathroom 2nd Level 1.22 m x 1.83 m
  • Bathroom 3rd Level 3.05 m x 1.22 m
  • Bedroom 3rd Level 3.05 m x 2.44 m
  • Bedroom Basement Level 3.07 m x 2.79 m
  • Bathroom Basement Level 1.27 m x 2.00 m
  • Bedroom Main Level 3.78 m x 2.84 m
  • Bedroom Main Level 3.56 m x 2.82 m
  • Bathroom Main Level 3.07 m x 2.79 m

Courtesy of: REVEL REALTY INC.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.