27 Melrose Avenue S

- $849,900

Hamilton, L8M2Y4
MLS ® 40787460

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:38551)

Location

Details

27 Melrose Avenue S, , Hamilton

  • Land

    under 1/2 acre

  • Bedrooms

    Above Grade: 5 Below Grade: 2

    7
  • Bathrooms
    4
  • Parking
    5

Rooms

27 Melrose Avenue S, , Hamilton

  • 4pc Bathroom

    second level

    Measurements not available
  • Bedroom

    second level

    11'3'' x 8'7''
  • Bedroom

    second level

    9'6'' x 10'5''
  • Living Room

    second level

    10'4'' x 10'2''
  • Kitchen

    second level

    8'11'' x 10'4''
  • Bedroom

    third level

    10'0'' x 6'0''
  • 3pc Bathroom

    third level

    Measurements not available
  • Recreation Room

    third level

    27'5'' x 9'1''
  • Bedroom

    basement

    11'10'' x 8'4''
  • 4pc Bathroom

    basement

    Measurements not available
  • Bedroom

    basement

    13'2'' x 9'0''
  • Recreation Room

    basement

    20'7'' x 12'1''
  • 4pc Bathroom

    main level

    Measurements not available
  • Bedroom

    main level

    11'1'' x 9'10''
  • Bedroom

    main level

    11'1'' x 8'7''
  • Living Room

    main level

    13'3'' x 12'1''
  • Kitchen

    main level

    9'5'' x 9'10''