Hamilton, Stipley, L8M 1L5
$879,900$000000
Listed by ROCK STAR REAL ESTATE INC..
Welcome to the money maker on Main, 801 Main St E, this exceptional four-unit property close to downtown Hamilton and in the heart of Gibson neighbourhood with a very short walk to Gage Park. Total GROSS INCOME OF $72,000, you don't want to miss the chance to add this property to your portfolio. Interest rates coming down will only improve the already great cash flow on this one. All units contain updated kitchens with quartz countertops. Bathrooms are updated as well. Unit 1 is a 1 bed 1 bath with its own in-suite laundry. Unit 2 is a spacious 2-bed 1-bath layout with an outdoor patio space and its own in-suite laundry. Unit 3 is a good-sized bachelor unit with a great patio space for entertaining. Unit 4 is located in the basement and is a 1 bed 1 bath. Unit 3 & 4 share laundry. Plumbing and wiring have been recently updated. The property contains 4 SEPARATE HYDRO METERS. Don't miss the opportunity to secure a high cash flow property in a thriving area that is walking distance to two proposed LRT stops!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 2 times before. To view this property's sale price history please sign in or register: