For Sale: 58 Arthur Avenue N, Hamilton, ON - REW
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$725,000
0 bd • 4 ba • 1996 sf • Multifamily
58 Arthur Avenue N
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$725,000
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58 Arthur Avenue NHamilton, ON, L8L 6C5

Gibson
  • 0 Bed
  • 4 Bath
  • 1996 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Bernard Arzadon, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$725,000
Get Pre-Approved
Gross Taxes for 2026
$3,800
Home facts
Bedrooms
0
Full Bathrooms
4
Parking Spaces
2
Parking Details
Open
Property Type
Multifamily
Lot Size
25 ft x 0 ft (0 ft²)
Depth
Frontage
25.0 feet
Year Built
Built in 1905 (121 yrs old)
Title
Freehold
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Community
Agent details
Primary Agent
Bernard Arzadon
Primary Broker
EXP REALTY
Listing details
Days on REW
1 Day
MLS® Number
40872311
Source
Canadian Real Estate Association
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Property Insights

Cathedral High School
  • Catholic
  • 9 - 12
Cathy Wever Elementary Public School
  • Public
  • JK - 8
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
St. Ann (Hamilton) Catholic Elementary School
  • Catholic
  • JK - 8
St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Adelaide Hoodless Public School
  • Public
  • JK - 8
Prince of Wales Elementary Public School
  • Public
  • JK - 8
Living Hope Christian School
  • Private
  • 9 - 12
Sacred Heart of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Notre-Dame
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Bernard Arzadon
Phone:
(647) 929-4279
Cell:
(647) 929-4279
Office:
866-530-7737
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