1123 MAIN STREET E, Hamilton, Ontario, L8M 1P2

$1,599,000

MLS® # X9511806

Investment For Sale In Crown Point West, Hamilton, Ontario

$1,599,000

Property Information:

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:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Radiant heat

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 101.5 Feet
  • Lot Frontage: 36.0 Feet
  • Lot Size: 36 x 101.5 FT
  • Zoning: H-Toc1

Courtesy of: CENTURY 21 BEST SELLERS LTD.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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