1221-1223 MAIN Street E, Hamilton, Ontario, L8K1A5
MLS: 40813769 | Multi-family
$1,098,000
Property Description
Rare investment opportunity in Crown Point! Here is your chance to own a value-add, multi-unit property in the heart of Hamilton. This building features six units in total, boasting a mix of two 2-bedroom units, two 1-bedroom units, and two bachelor units. Located near the vibrant and trendy Ottawa Street, this property is perfectly situated to take advantage of the area's growing demand for quality rentals. With easy access to public transit, tenants will enjoy a convenient and connected lifestyle. One of the 2-bedroom units has been newly renovated, showcasing a modern kitchen and bathroom, complete with stainless steel appliances. All units are currently tenanted with long term tenants. The TOC1 zoning allows for a wide range of commercial and residential uses. With this level of flexibility, savvy investors can explore a variety of strategies to maximize returns and capitalize on Hamilton's thriving real estate market. Don't miss out on this outstanding investment opportunity! Contact our office today for a copy of our investors package, or to schedule a private tour. Let's discuss how you can secure this prime multi-unit property for your portfolio. (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: 3.0 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, Shingles
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 30 ft (9.1 m)
- Zoning: TOC1
Community & Neighbourhood
- Community: School Bus, Community Centre
- Subdivision: 201 - Crown Point
Listing Information
Listing History
MLS listing activity for 1221-1223 MAIN Street E, Hamilton, Ontario, L8K1A5 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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1221-1223 MAIN Street E, Hamilton, Ontario, L8K1A5