1221-1223 MAIN Street E Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8K1A5
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,890 sqft
Price per Sqft $298
Subdivision 201 - Crown Point
MLS Listing ID 40688274
Bedrooms 3
Originating Board Cornerstone - Hamilton-Burlington
Year Built 1970
Property Sub-Type Freehold
Property Description
Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamilton's thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters,
Cooling None
Exterior
Parking Features No
Community Features Community Centre,School Bus
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold