1221-1223 Main Street E, Hamilton Property Listing: MLS® #40688274

About 1221-1223 Main Street E

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 Hamilton’s thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand. (id:36535)

Features of 1221-1223 Main Street E

Listing #	40688274
Price	$1,159,900
Bedrooms	6
Bathrooms	6.00
Square Footage	3,890
Acres	0.00
Year Built	1970
Type	Multi-family
Sub-Type	Freehold

Community Information

Address	1221-1223 Main Street E
Subdivision	201 - Crown Point
City	Hamilton
Province	Ontario
Postal Code	L8K1A5

Amenities

Amenities	Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features	Paved driveway
Parking Spaces	3
Is Waterfront	No
Has Pool	No

Interior

Heating	Electric Baseboard heaters
Cooling	None
Fireplace	No
# of Stories	2
Has Basement	Yes
Basement Type	Partial (Unfinished)
Basement Development	Unfinished

Exterior

Exterior	Aluminum siding, Brick, Concrete, Metal, Vinyl siding
Construction	Concrete block, Concrete Walls
Foundation	Block

Listing Details

Office	Courtesy Of Rob Golfi Of RE/MAX Escarpment Golfi Realty Inc.

1221-1223 Main Street E, Hamilton, Ontario