27 Melrose Ave S

For Sale 52 Days
$949,000 $74K
$874,900
7 beds
4 baths

27 Melrose Ave S

For Sale 52 Days
$949,000 $74K
$874,900
7 beds
4 baths

Highlights

Key insights

Description

Rare 3-unit opportunity in a quiet, tree-lined Downtown Hamilton neighbourhood. Steps to schools, shopping, parks, Tim Hortons Field, community centre, and with easy access to downtown and highways. Fully renovated from the studs, this 2.5-storey property is a legal duplex with a finished basement already roughed-in for a third self-contained unit, offering exceptional flexibility for investors or owner-occupants. The main floor includes 2 bedrooms and 1 bath, plus exclusive use of the finished basement with 2 more bedrooms, 1 bath, and a large rec room, easily converted to a separate suite. Both main and basement spaces are vacant, ideal for moving in or maximizing rental income. The upper unit spans the 2nd and 3rd floors with 3 bedrooms, 2 full baths, and a private rear patio. All major updates are done: wiring, plumbing, windows, insulation, drywall, roof, soffits, and fascia, ensuring low-maintenance ownership for years ahead. Live in one unit and rent two, or lease out all three for strong cash flow. The backyard has been converted to plenty of parking, perfect for added income during football season. With potential for a future 4-plex conversion and 6 months of free professional property management included, this is a rare chance to secure a high-performing 3-unit investment in a prime Hamilton location. (id:63267)

MICHAEL KENNETH JOHNSON of KELLER WILLIAMS COMPLETE REALTY,
#X12292174
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    5
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    7
Location
  • Community features
    Community centre
  • Subdivision
    Stripley
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12292174
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28621146/27-melrose-avenue-s-hamilton-stripley-stripley
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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