New Listing
903-909 Main Street E,Hamilton (Stipley), ON L8M1M6
Hamilton (Stipley), ON L8M1M6
Description
Mixed-use investment opportunity in the heart of Hamilton's bustling Main Street corridor. This well-maintained building features 16Prime mixed-use investment opportunity along Hamilton's Main Street corridor. This well-maintained building features 18 residential units and 2 commercial spaces, including an operating laundromat and one vacant storefront. Several vacant residential units provide immediate value-add potential, allowing investors to set market rents from day one and significantly increase income. The laundromat offers steady cash flow and may be operated as-is or sold separately for added flexibility. Pride of ownership throughout with minimal deferred maintenance. Ideally positioned along the upcoming LRT route, supporting long-term appreciation and tenant demand. A rare chance to acquire a turnkey asset with both stability and upside. residential units ( comprised of one-bedrooms and bachelors) plus ground-floor commercial storefront, offering multiple income streams and strong rental demand. A turnkey asset with pride of ownership throughout, this property delivers stable cash flow, minimal maintenance concerns, and excellent upside potential through future rent growth. Ideally located steps to transit, shopping, and amenities, ensuring consistent tenancy. A rare chance to add a solid, income-producing building to your portfolio. (id:13843)
Details
| MLS # | X14100080 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 3 |
| Listing Provided By | REAL BROKER ONTARIO LTD. | JUAN JOSE GUTIERREZ PINEDA |
Features
| SQ Feet | 10,000 |
|---|---|
| Zoning | C2 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 26727 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Stipley) |
| Postal Code | L8M1M6 |
| Listing VS Median (in L8M1M6) | |
Price: $4,700,000 low | high Med: $4,700,000 sqft: 10,000 low | high Med: 10,000 $ / sqft: $470 low | high Med: $470 On site: 3 low | high Med: 3 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Stipley) |
| Postal Code | L8M1M6 |
| Listing VS Median (in L8M1M6) | |
Price: $4,700,000 low | high Med: $4,700,000 sqft: 10,000 low | high Med: 10,000 $ / sqft: $470 low | high Med: $470 On site: 3 low | high Med: 3 | |