1123 MAIN STREET E new Save Request In-Person Tour Request Virtual Tour
Hamilton (crown Point),ON L8M1P2
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
Province ON
Interior
Heating Radiant heat
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No