1123 Main Street E Hamilton, Ontario L8M 1P2
$1,599,000
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:50886)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X9511806 |
| Property Type | Multi-family |
| Community Name | Crown Point |
| AmenitiesNearBy | Public Transit |
Building
| HeatingType | Radiant Heat |
| SizeInterior | 5750 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 101 Ft ,6 In |
| SizeFrontage | 36 Ft |
| SizeIrregular | 36 X 101.5 Ft |
| SizeTotalText | 36 X 101.5 Ft |
| ZoningDescription | H-toc1 |
https://www.realtor.ca/real-estate/27583460/1123-main-street-e-hamilton-crown-point-crown-point
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Contact us for more information
Amaan Rana
Salesperson
4 Robert Speck Pkwy #150 Ground Flr
Mississauga, Ontario L4Z 1S1
Tom Marasovic
Broker of Record
4 Robert Speck Pkwy #150 Ground Flr
Mississauga, Ontario L4Z 1S1
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December 09 2024 10:40:06
Toronto Real Estate Board
Century 21 Best Sellers Ltd.