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$1,159,900
Status: For Sale
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 Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X11950262 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :31 Mar, 2025 (10 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Hamilton |
|---|---|
| Postal Code | :
L8K 1A5
|
| Price | : $1,159,900 |
|---|---|
| Property Taxes | :$5200.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :6 |
| Heating | :Baseboard |
| Cross Street | :Main St E and Ottawa |
| Bathrooms | :6 |
|---|---|
| Fuel | :Electric |
| Exterior Finish | :Aluminum Siding, Metal/Steel Siding |
|---|---|
| Parking Space | :2 |
| Basement | :Full |
31 Jan, 2025
TREB #X11950262
Listed
$1,159,900
