1221-1223 MAIN Street E, Hamilton, Ontario, L8K1A5
MLS: 40787171 | Multi-family
$1,099,900
Property Description
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 has been updated as well. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamilton’s thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand. (id:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 6
- Bathrooms: 6
- Living Area: 3,890 sq ft (361.4 m²)
- Above Grade: 3,890 sq ft (361.4 m²)
- Year Built: 1970
- Ownership: Freehold
- Parking: 2 spaces (Open)
- Frontage: 30 ft (9.1 m)
Costs
- Annual Taxes: $5,200.00
Listing Provided by: RE/MAX Escarpment Golfi Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Electric
- Cooling: None
- Basement: Unfinished, Partial
Exterior & Construction
- Exterior: Concrete, Brick, Aluminum siding, Vinyl siding, Metal
- Construction: Concrete block, Concrete Walls
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 30 ft (9.1 m)
- Features: Paved driveway
- Zoning: TOC1
Community & Neighbourhood
- Community: School Bus, Community Centre
- Subdivision: 201 - Crown Point
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 1221-1223 MAIN Street E, Hamilton, Ontario, L8K1A5
Location & Neighborhood
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