1123 Main St E, Hamilton MLS Number: X9511806
Crown Point, Hamilton, ON, L8M 1P2$1,599,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $12056.00 (Tax Year:2024)
- Listing Courtesy : Century 21 Best Sellers Ltd.
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$1,599,000
Status: For Sale
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.
Property Type | :Commercial |
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MLS Number | :X9511806 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :25 Oct, 2024 (25 Days ago) |
Source | :TRREB |
Area | :Hamilton |
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Community | : Crown Point |
Postal Code | : L8M 1P2 |
Price | : $1,599,000 |
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Property Taxes | :$12056.00 |
Tax Year | :2024 |
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Cross Street | :Rosslyn & King |
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25 Oct, 2024
TREB #X9511806
Available
$1599000.0
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