63 Melrose Avenue S, Hamilton, Ontario

$649,900

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6

Beds

4

Baths

2,668

Square feet

0.11

Acres

About 63 Melrose Avenue S

An exceptional opportunity in the heart of the Gibson-Stipley neighbourhood! This large, updated and Vacant 2 unit property offers incredible flexibility for investors and owner-occupiers alike. With two spacious, move-in-ready units, the property is ready for a new owner to select their own tenants and establish current market rents from day one. Live in one unit while generating income from the other to help offset your mortgage, or add this turnkey property to your investment portfolio and maximize its rental potential. Looking for even more upside? The property also offers potential to create a third unit with separate side entrance, providing an exciting opportunity to further increase revenue and long-term value. Ideally situated in an established central Hamilton neighbourhood close to transit, schools, shopping, amenities and downtown. A rare opportunity to acquire a vacant, updated multi-unit property with strong income potential and multiple options for the future! (id:36535)

Features of 63 Melrose Avenue S

Listing # 40859911
Price $649,900
Bedrooms 6
Bathrooms 4.00
Square Footage 2,668
Acres 0.11
Year Built 1915
Type Multi-family
Sub-Type Freehold

Community Information

Address 63 Melrose Avenue S
Subdivision 202 - Gibson/Stipley South
City Hamilton
Province Ontario
Postal Code L8M2Y4

Amenities

Amenities Park, Public Transit, Schools
Features Skylight
Parking Spaces 3
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Microwave Built-in
Heating Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement Yes
Basement Type Full (Partially finished)
Basement Development Partially finished

Exterior

Exterior Brick, Other

Listing Details

OfficeCourtesy Of RE/MAX Escarpment Realty Inc.

Listing Map