58 Arthur Avenue N

About this Property

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.

Listing Details

MLS #

40872311

Board

ITSO

Market

ontario

Property Type

Duplex Up/Down

Style

Residential Income

Year Built

1905

Parking Spaces

2

Basement

Walk-Out Access, Full, Finished

Heating

Forced Air, Natural Gas

Cooling

Central Air

Lot Size

25.00 × 78.77 ft

Annual Taxes

$3,800/yr

Listed By

eXp Realty

Presented By

REMAX Hallmark®

Listed On

October 20, 2026

Days on Market

0

Features & Extras