1221-1223 Main Street E, Hamilton, Ontario L8K 1A5

Listed for:
$1,159,900
6 beds
6 baths
Listed 89 days ago
1221-1223 Main Street E, Hamilton, Ontario L8K 1A5

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Learn more about this property
Listing provided by:
RE/MAX Escarpment Golfi Realty Inc.
MLS® number:
40688274
Agent:
Rob Golfi
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About

Main St E & Edgemont St N 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:27476)

Property Highlights

MLS® Number
40688274
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
3

Building

Storeys
2.00
Square Footage
3890 sqft
Bathrooms Total
6
Bedrooms Total
6
Amenities
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Exterior Finish
Aluminum siding, Brick, Concrete, Metal, Vinyl siding
Fireplace Present
No
Basement Type
Partial (Unfinished)
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location