1123 MAIN STREET E Hamilton

1123 MAIN STREET E, Hamilton, Ontario

$1,599,000

  • 5,750 Square Feet

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:23309)

  • Listing ID: X9511806
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Public Transit
  • Transaction: For sale
  • Zoning Description: H-Toc1

Building

  • Fireplace Present: False
  • Heating: Radiant heat
  • Size Interior: 5750 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit
  • Size Frontage: 36 ft
  • Size Irregular: 36 x 101.5 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1123 MAIN STREET E in Hamilton Ontario. It was last modified on October 25th, 2024. Contact Jasmine Thiar to schedule a viewing or to discover other Hamilton real estate for sale.

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