1221 - 1223 MAIN St E
Crown Point, Hamilton, L8K 1A5
FOR SALE
$1,159,900

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Property Description
Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
30' x 100'
Fronting
North
Taxes
$5,200 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding, Metal/Side
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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