Hamilton, ON L8M1P2 1123 MAIN STREET E
$1,599,000
1 more
Presented By: CENTURY 21 BEST SELLERS LTD.
Home Details
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. (id:7434)
Presented By: CENTURY 21 BEST SELLERS LTD.
Interior Features for 1123 MAIN STREET E
Other Interior Features
Building Fireplace PresentFalse
Building Heating TypeRadiant heat
General for 1123 MAIN STREET E
AmenitiesPublic Transit
Building TypeMulti-Family
Business Sub TypeApartments
Business TypeResidential
CommunityNameCrown Point
Location DescriptionRosslyn & King
Property TypeMulti-family
Zoning DescriptionH-Toc1
Exterior for 1123 MAIN STREET E
Land Amenities Public Transit
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty