Fixer Upper - 2-Unit Potential - Beautiful Area of Stoney Creek (Hamilton)

aaronmoore

Frequent Forum Member
REIN Member
Cosmetic fixer upper in a beautiful area. Large lot that backs onto green space. There are lots of big custom built homes on this street. This house features a 4 + 1 bedroom home, a sizable private garage workshop with electricity, a shed and great outdoor kitchen.
Cosmetic updating and light work is required. Good opportunity for a basement apartment thanks to a separate entrance and high ceilings.

How can you profit?
1) Great house for someone who wants to live in and rent the basement. Nice neighbourhood! Realtors, show this one to your clients (and add a few bucks to the price).
2) Attention Builders! This is a lot to build a dream home on.
3) Renovate and rent as a 2-unit.
4) Fix & Flip

SUMMARY:
- LOCATION: East Stoney Creek (Hamilton)
- PURCHASE PRICE: $459,900 or best offer
- AFTER REPAIR VALUE: mid-high $500s
- CLOSING: April 16, 2020 (This is an assignment sale)
- TYPE: Detached, 1.5 Storey
- BEDS/BATHS: 4 + 1 Beds, 2 Bath (Can fit 2 bedrooms in basement.)
- GARAGE: Detached 1 car garage/workshop
- PARKING: huge driveway. Put your truck, trailer, boat and cars!
- SQFT: 1014 sqft
- LOT: 75' x 150' ... Big lot!
- AGE: 1954 Built

Nothing like this is available on MLS for under $500k. You get to buy at a BIG discount!

Pictures and Details are here: https://www.housedealsgta.ca/property/fixer-upper-homes-for-sale-hamilton-ontario/
 
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