1123 Main ST E Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8M 1P2
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,750 sqft
Price per Sqft $278
MLS Listing ID X9511806
Annual Tax Amount $12,056
Tax Year 2024
Property Description
This Rare Mixed-Use, Multi-Unit Property At 1123 Main St East Offers An Exceptional Investment Opportunity In One Of Hamilton's Busiest Areas. Featuring Four Residential Units (Two 2-Bedroom And Two 3-Bedroom), Alongside A Long-Standing Retail Tenant, This Fully Tenanted Building Promises A Strong And Stable Income Stream. Recent Upgrades And Meticulous Maintenance Make This A Low-Hassle Investment, While Its Proximity To McMaster University And Mohawk College Ensures Steady Demand From A Wide Tenant Pool. With A Cap Rate Nearing 8%, This Property Stands Out As A High-Yield Asset, With Significant Potential To Increase Income By Adding More Units Or Enhancing Existing Spaces. This Is An Unparalleled Opportunity To Secure A Property That Combines Immediate Income Potential With Room For Long-Term Growth.
Location
Province ON
County Hamilton
Community Public Transit
Area Crown Point
Interior
Heating Yes
Cooling No
Exterior
Community Features Public Transit
Utilities Available Yes
Parking Type None