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    For Sale - 63 Melrose Avenue, Hamilton, Ontario

    Est payment $3,121/mo
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    Views   1
    Time on Jump  9 day

    AI Summary *

    • Large, updated two-unit property ready for immediate occupancy.
    • Live in one unit and rent out the other for extra income.
    • Potential to add a third unit for more rental opportunities.
    • Located in a central neighborhood close to schools and amenities.
    • Great investment option with strong income potential from day one.




    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!
    Listing IDX13769078
    Address63 Melrose Avenue
    CityHamilton, Ontario
    Price$649,900
    Bed / Bath6 / 4 Full
    Style2 1/2 Storey, Duplex
    ConstructionBrick, Other
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Water HeaterOutdoor Features PorchAmenities Park, Public Transit, SchoolOwnership FreeholdBasement Full, Partially FinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  RE/MAX ESCARPMENT REALTY INC.

    * 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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    63 Melrose Avenue
    Hamilton , Ontario
    6 4 $649,900
    Get more info