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Duplex #X12018990

$729,999

Estimated value: $742,372

2%

487 Cannon St E

Hamilton - Gibson

5 bds
4 ba
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Property history Buy/sell history for 487 Cannon St E Hamilton

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$729,999

For Sale

Date: 14 Mar, 2025 42 days
X12018990
Property details
Highlights
Home value
Rental analysis
Payments
Market trends

Home facts

Details

Rooms

Tax
$3474.34/yr
Property type
Duplex
Style
2 1/2 Storey
Lot size
20 x 95
Price/sqft
$0.00/sqft
Basement
Apartment, Finished
Parking
None garage, 2 parking
MLS® #
X12018990
Major intersection
Sanford Ave N/Cannon St E
Neighbourhood
Gibson
Listed on
14 Mar, 2025

About this home

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! Read More

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Property is listed by RIGHT AT HOME REALTY

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Property is listed by RIGHT AT HOME REALTY

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