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Brick and siding exterior with a pitched roof and black-framed windows

Kitchen featuring white cabinetry, white subway tile backsplash, stainless steel appliances, and a stainless steel sink with a gooseneck faucet

White vanity with integrated sink, chrome faucet, and circular black-framed mirror

Shower featuring white and grey veined tile, a bronze-finish showerhead, and a matching bronze-finish control knob

Accent wall with geometric paneling, recessed lighting, wood-finish flooring, white kitchen cabinetry, and stainless steel appliances

Open-concept living space featuring wood-finish flooring, recessed lighting, and a geometric accent wall

Open-concept living space featuring wood-finish flooring, recessed lighting, and white trim

Open concept living area featuring wood-finish flooring, recessed lighting, and a kitchen with white cabinetry and a subway tile backsplash

Kitchen featuring wood-finish flooring, white cabinetry with modern hardware, stainless steel appliances, a subway tile backsplash, and a movable island with a wood countertop

Three large windows with blinds, wood-finish flooring, and light-toned walls

Light gray wall finish, wood-finish flooring, white trim, white paneled doors, and an open doorway

Engineered wood-finish flooring, recessed lighting, accent wall with geometric paneling, white kitchen cabinetry with black hardware, and an island with an undermount sink

Open-concept living space with wood-finish flooring, a decorative accent wall, recessed lighting, and a kitchen featuring white cabinetry, a subway tile backsplash, and stainless steel appliances

White shaker-style cabinetry, stainless steel appliances, white subway tile backsplash, and wood-finish flooring

Contemporary kitchen featuring white cabinetry, subway tile backsplash, stainless steel appliances, and wood-finish flooring

Wood-finish flooring with white trim

Wood-finish flooring throughout, bright walls, white trim, and a paneled interior door

Bathroom featuring a white bathtub, marble-patterned tile shower surround, matching floor tile, built-in vanity with integrated sink, and white window blinds

Spacious attic room featuring wood-finish flooring, exposed ceiling beams, recessed lighting, and a single window

Vaulted ceilings with exposed wood beams and recessed lighting

Kitchenette featuring white shaker cabinetry, stainless steel appliances, subway tile backsplash, and wood-finish flooring

Recessed lighting illuminates the wood-finish flooring and light gray walls

Kitchen area featuring white cabinetry, subway tile backsplash, stainless steel appliances, and a matte black faucet

White cabinetry with matte black hardware, subway tile backsplash, stainless steel appliances, wood-finish flooring, and recessed ceiling lighting

Recessed ceiling lighting, wood-finish flooring, white doors with brushed nickel hardware, and neutral wall tones

Bathroom featuring a bathtub with a shower, large format wall and floor tiling, a white vanity with an integrated sink, and a mirrored cabinet

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Description

Welcome to 23 Gibson Avenue, an exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood. This extensively renovated 2.5-storey property features three self-contained units, offering an attractive combination of established rental income and immediate upside with one unit currently vacant. Renovated extensively back to the studs, this property provides investors with the benefit of major improvements already completed while offering a versatile multi-unit layout. The lower level features a tenanted 1-bedroom unit currently generating $1,001/month. The vacant main-floor 1-bedroom unit was previously rented for $1,600/month, providing the opportunity to secure a new tenant or accommodate an owner-occupier. The upper unit spans the second floor and loft, offering two bedrooms and currently generating $1,900/month. With the two occupied units producing $2,901 in monthly rental income and the potential for approximately $4,501/month based on the previous rent of the vacant unit, this is a compelling opportunity for both seasoned and first-time investors. Located in the established Gibson/Stipley neighbourhood, close to transit, shopping, schools, parks, and Hamilton's downtown core, 23 Gibson Avenue offers convenient access to the amenities tenants value. Whether you're looking to expand your portfolio, enter the investment market, or explore an owner occupied opportunity while generating rental income, this extensively renovated three-unit property deserves your attention. Book your private showing today! (id:374)

Details

Features

Interior

Utilities

Taxes

MLS Number: 40850139

Listing Provided By: Brian Karschti – (905) 745-2997

Keller Williams Complete Realty – (905) 308-8333