About 58 Arthur Avenue N
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, 1 bath, 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. (id:6289)
More Info on this 200 - Gibson/Stipley Duplex MLS® listing
58 Arthur Avenue N is a duplex listing for sale in Hamilton. The MLS® number is 40872311. It was built in 1905, features 4 bedrooms, 4 bathrooms and covers 1,996 square feet. It's currently listed for $725,000. For more details on MLS® 40872311, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This duplex listing in 200 - Gibson/Stipley is available now!
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Have a similar home to 58 Arthur Avenue N? If you’re thinking about selling your 200 - Gibson/Stipley duplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Hamilton property.
