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:4069)
| Address |
1123 MAIN STREET E |
| List Price |
$1,599,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Multi-Family |
| Area |
Ontario |
| Sub-Area |
Hamilton (crown Point) |
| Floor Area |
5,750 Sq. Ft. |
| Lot Size |
36 x 101.5 FT Sq. Ft. |
| MLS® Number |
X9511806 |
| Listing Brokerage |
CENTURY 21 BEST SELLERS LTD.
|
| Postal Code |
L8M1P2 |
| Zoning |
H-Toc1 |
| Site Influences |
Public Transit |
