1123 MAIN STREET E

Hamilton (Crown Point), Ontario, L8M1P2, Canada

$1,599,000

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.

Last updated on : Monday 9th of December 2024 05:40:06 PM

ADDRESS

Street : 1123 MAIN STREET E

City : Hamilton (Crown Point)

Province : Ontario

Country : Canada

Postal Code : L8M1P2

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PROPERTY SUMMARY

Property ID : X9511806

Building Type : Multi-Family

Property Type : Multi-family

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