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1123 Main Street E

Crown Point West, Hamilton, ON, L8M 1P2

-
Beds
-
Baths
5,750
Sq. Ft.
$1,599,000
List Price
Details
Photos
6
Comparables
History
1123 Main Street E, Hamilton, ON - 1 of 3
1123 Main Street E, Hamilton, ON - 2 of 3
1123 Main Street E, Hamilton, ON - 3 of 3
New
11 days on market

Quick Summary

  • Rare mixed-use, multi-unit property in busy area
  • Fully tenanted building with stable income stream
  • Recent upgrades and meticulous maintenance
  • Proximity to universities ensures steady demand
  • High-yield asset with 8% cap rate
  • Potential to increase income by adding units
  • Opportunity for long-term growth

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... Show More

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:54626)

Property Details

Size

5,750 sq. ft.
0 Beds
0 Baths

Lot

Size
432′0″ * 1217′12″
Acres
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X9511806
Last Updated
October 25, 2024
Brokerage
CENTURY 21 BEST SELLERS LTD.
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Call us 800-591-0566

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