26 Melbourne Street

26 Melbourne Street
26 Melbourne Street
26 Melbourne Street
+46
$1,650,000
Instant Estimate Not Available
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$1,650,000
Instant Estimate Not Available
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Size
-
Lot size
555.19 sqm
Street frontage
S
Possession
-
Price per sqm
-
Taxes
-
Parking Type
Detached Garage
Style
2.5 Storey
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Description
Multi-unit property offers incredible income potential with three well-maintained units and a newly constructed vacant Additional Dwelling Unit (ADU) with a double garage at the rear of the property. Located just steps from trendy Locke St and close to hospitals and amenities, this property is a rare find. The Main Floor Unit is a 1-bedroom unit that features two dedicated parking spaces, with the tenant responsible for their own utilities. The unit has separate hydro, gas, and water meters. The Second Floor Unit is a 1-bedroom, two-story unit, inclusive of utilities, and boasts a new furnace and an air conditioning unit for year-round comfort, along with two parking spaces. The Basement Unit is a bachelor unit that is a gem with in-floor heating for ultimate comfort. It comes with one parking space and is perfect for maximizing rental income. The newly built **ADU** is a two-story structure with a garage below and a fully equipped 2-bedroom living space above. Ready for you to move in or lease out, it offers two additional parking spaces, laundry, and two new hydro panels, providing flexibility and added value. This property's location, just off Locke St, places it within walking distance of shops, restaurants, and essential services, making it an attractive option for tenants. Don't miss out on this lucrative investment in one of the city's most desirable neighborhoods!
Broker: RE/MAX Escarpment Realty Inc.
MLS®#: XH4203111
Property details
Parking:
7
Parking type:
Detached Garage
Property type:
Fourplex
Heating type:
Forced Air
Style:
2.5 Storey
MLS Size:
-
Lot front:
12.8 M
Lot depth:
42.67 M
Listed on:
Aug 15, 2024
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Gabor Hess
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: XH4203111
Listed by RE/MAX Escarpment Realty Inc.

About 26 Melbourne Street

26 Melbourne Street is a Hamilton fourplex for sale right off LOCKE. 26 Melbourne Street has an asking price of $1650000, and has been on the market since August 2024

Some good places to grab a bite are Burnt Tongue, Delirious Burger Co or Pizzaiolo. If you love coffee, you're not too far from Starbucks located at 158 Locke St S. Groceries can be found at Goodness Me Natural Foods which is only steps away and you'll find Regent Health & Chiro Centre nearby as well. If you're in the mood for some entertainment, Staircase Cafe Theatre is not far away from 26 Melbourne St, Hamilton City. Love being outside? Look no further than Hill Street Park/Lots and Cathedral Park, which are both only steps away.

If you are looking for transit, don't fear, 26 Melbourne St, Hamilton City has a public transit Bus Stop (LOCKE at MELBOURNE) only steps away. It also has route Locke close by.

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