1123 Main E Street, Hamilton, ON L8M 1P2

  • $1,599,000
1123 Main E Street, Hamilton, ON L8M 1P2
  • X9511806
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 5750
  • Sqft
Active For Sale
1123 Main E Street, Hamilton, ON L8M 1P2
1123 Main E Street, Hamilton, ON L8M 1P2
  • $1,599,000

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 Mc Master 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.

Details

MLS® Number
X9511806
Property Size
5750 Sqft
Updated on October 25, 2024 at 7:21 pm

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Hamilton
  • Property Type: Commercial Sale
  • Community Features: Public Transit

Address

  • Address 1123 Main E Street
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L8M 1P2
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay