This is your chance to buy an extremely undervalued detached property in Hamilton perfect for BRRRR, fix and flip, and Airbnb investors! With properties around the area regularly trading for above 500k+ and fully renovated properties selling for 600k+, 36 Huxley Ave N provides phenomenal upside for investors at an affordable price. This property will sell fast, you do not want to miss out on this profitable investment opportunity!
Summary:
This is a rare opportunity to purchase a significantly discounted property in the City of Hamilton- one of the fastest growing real estate markets in Canada.
Take advantage of this all brick single-family home in the desirable Crown Point area of Hamilton, ready for “forced appreciation” renovations. This property has tons of potential and is ready for upgrades from the buyer. With an outdated interior, buyers can significantly increase the value of the property by adding modern finishes throughout. Keep this property as a BRRRR with Airbnb to maximize cash flow, or flip it to an end buyer as properties in this location are desirable for first time home buyers.
This property is centrally located to many amenities and is within a 5 minute walk to Main St E where there are tons of restaurants, local shops, services (dentist, doctors etc.). This makes it the perfect location to attract young professional tenants as well as a great potential Airbnb unit due to its proximity to many of local attracts. Houses around this neighbourhood regularly trade for over 500k+ with fully renovated top-to-bottom properties easily trading over 600k+. This area is highly desirable for first home buyers as well, allowing flippers to profit easily from this deal.
The suburban detached market in Hamilton is one of the hottest in Canada! Get your hands on a vacant, detached single family home property with great flipping, BRRRR, buy-and-hold, Airbnb, and long-term upside potential today!
Property Features:
- Vacant possession
- Single family home – vinyl exterior
- 2 bedroom + 1 bathroom
- Furnace + A/C in good working condition
- Roof shingles appear to be in good condition upon visual inspection
- New water tank (2 years)
- Visible knob and tube; however, there is mainly copper wiring throughout the house. Seller is unsure if knob and tube is active or not ; buyer to verify
- Basement height ~6ft
- Plumbing PVC
- Street parking only
- Backyard small balcony
- Lot Size: 25ftx123.5ft