903-909 Main Street East

Hamilton, ONMulti-family
$4,700,000
MLS® X14100080
Multi-family[object Object]
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About This Property

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:63604)

Key Facts

Type
Multi-family
Size
10,000 sqft
Lot
Bldg=49.33 x 90 FT
Property Details 10 details
Living area
10,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Forced air
Fireplace
No
Lot dimensions
Bldg=49.33 x 90 FT
Frontage
49.30 feet
Taxes
$26,727.00
Zoning
C2
Water source
Municipal water
Mortgage & Affordability Estimate monthly costs
Purchase price$4,700,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Stipley
City
Hamilton
Postal code
L8M 1M6
Nearby
Main Street East & Prospect Street South