1123 Main Street For Sale

Hamilton, Crown Point, L8M 1P2

$1,599,000

Description

Listed by CENTURY 21 BEST SELLERS LTD..

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

View Map
  • Address: 1123 Main Street
  • Neighborhood: Crown Point
  • City: Hamilton
  • State: Ontario
  • Postal Code: L8M 1P2

Property Details

  • Property ID: X9511806
  • Property Price: $1,599,000
  • Style: Investment, Apartment
  • A/C: N
  • Basement: Y
  • Heating: Radiant
  • Taxes: $12,056.00 (2024)
  • Lot: 101.50x36.00 (Feet)

Property History

This property has been sold 1 time before. To view this property's sale price history please sign in or register:


Sign In / Register

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

Nearby Listings

  • For Sale

285 Ottawa Street

Hamilton, Crown Point, L8H 3Z8

  • For Sale

289-293 Kenilworth Avenue

Hamilton, Crown Point, L8H 4S8

  • For Sale

38 Wentworth Street

Hamilton, Landsdale, L8N 2Y3