1123 MAIN STREET E Active

Hamilton (crown Point),ON L8M1P2

$ 1599000

- Bed

- Bath

5750 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,750 sqft

Price per Sqft $278

Subdivision Crown Point

MLS Listing ID X9511806

Originating Board Toronto Regional Real Estate Board

Property Description

This Rare Mixed-Use, Multi-Unit Property At 1123 Main St East Offers An Exceptional Investment Opportunity In One Of Hamilton's Busiest Areas. Featuring Four Residential Units (Two 2-Bedroom And Two 3-Bedroom), Alongside A Long-Standing Retail Tenant, This Fully Tenanted Building Promises A Strong And Stable Income Stream. Recent Upgrades And Meticulous Maintenance Make This A Low-Hassle Investment, While Its Proximity To McMaster University And Mohawk College Ensures Steady Demand From A Wide Tenant Pool. With A Cap Rate Nearing 8%, This Property Stands Out As A High-Yield Asset, With Significant Potential To Increase Income By Adding More Units Or Enhancing Existing Spaces. This Is An Unparalleled Opportunity To Secure A Property That Combines Immediate Income Potential With Room For Long-Term Growth. (id:24570)

Location

State ON

Interior

Heating Radiant heat

Exterior

Parking Features No

View Y/N No

Private Pool No

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