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    For Sale - 58 Arthur Avenue, Hamilton, Ontario

    Est payment $3,481/mo
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    Time on Jump  2 day

    AI Summary *

    • Turnkey 4-unit investment ready for an easy takeover.
    • Fully renovated in 2021 with modern finishes throughout.
    • Diverse unit mix including a bachelor and a 2-bedroom unit.
    • Gross rent of $5,585/month provides solid income potential.
    • Conveniently located near shops, transit, schools, and parks.




    Turnkey 4-unit investment in hamilton's gibson neighbourhood. This legal duplex plus 2 additional units offers a total of 4 self-contained units, fully tenanted and ready for the next owner to take over. Fully renovated in 2021, all units feature modern finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes and renovated bathrooms. The main floor (unit 1) is a 1 bed, 1 bath, the second floor (unit 2) is a 2 bed, unit 3 is a bachelor with 1 bath, and the basement (unit 4) is a 1 bed, 1 bath. Current gross rent is $5,585/month ($67,022/year), current net operating income is approx. $53,564/year, a 7. 4% cap rate. Income and expense summary available on request. The property has 2 hydro meters and 2-car parking at the rear, accessible from both the front and the back of the property, plus street parking. Close to king st e shops and transit, the future lrt line, schools and parks, with downtown hamilton minutes away.
    Listing IDX14097326
    Address58 Arthur Avenue
    CityHamilton, Ontario
    Price$725,000
    Bed / Bath4 / 4 Full
    Style2 1/2 Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features In-Law SuiteOwnership FreeholdBasement Finished with Walk-OutFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    58 Arthur Avenue
    Hamilton , Ontario
    4 4 $725,000
    Get more info