487 CANNON STREET EAST

Hamilton (Gibson), , L8L2E5, Canada

$729,999

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!

EXTRAS: Refrigerator, Stove

Last updated on : Thursday 19th of June 2025 08:30:45 AM

ADDRESS

Street : 487 CANNON STREET EAST

City : Hamilton (Gibson)

Country : Canada

Postal Code : L8L2E5

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PROPERTY SUMMARY

Property ID : X12219524

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 4

Parking : 2

Parking Type: No Garage

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