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 Hamilton’s thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand. (id:4069)
Address
1221-1223 MAIN Street E
List Price
$1,159,900
Property Type
Multi-family
Area
Ontario
Sub-Area
Hamilton
Bedrooms
6
Bathrooms
6
Floor Area
3,890 Sq. Ft.
Year Built
1970
MLS® Number
40688274
Listing Brokerage
RE/MAX Escarpment Golfi Realty Inc.
Basement Area
Partial (Unfinished)
Postal Code
L8K1A5
Zoning
TOC1
Site Influences
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
Paved driveway
