Great investment opportunity for those seeking reliable returns in Hamiltons rapidly growing east end. This solid, purpose-built 8-unit apartment building features all spacious 2-bedroom units, appealing to a broad range of tenants. Fully leased with stable cash flow, the property is ideally located on Main Street East, steps from future LRT infrastructure, offering excellent visibility, walkability, and ongoing rental demand. Well maintained and efficiently operated, the building includes separate hydro meters, private balconies, a shared laundry room, and reasonable operating costs. Combining desirable unit sizes and growth potential for added value, this is a rare chance to acquire a turnkey, income-producing asset in one of Hamiltons most promising urban corridors. |
Price | $1,699,900 |
Taxes: | $18695.59 |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 959 Main Stre East , Hamilton, L8M 1N1, Hamilton |
Acreage: | < .50 |
Directions/Cross Streets: | Gage Ave S |
Rooms: | 44 |
Bedrooms: | 16 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Finished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Third |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 4 | Main |
Washroom Type 4 | 4 | Basement |
Washroom Type 5 | 3 | Basement |
Washroom Type 6 | 4 | Third |
Washroom Type 7 | 4 | Second |
Washroom Type 8 | 4 | Main |
Washroom Type 9 | 4 | Basement |
Washroom Type 10 | 3 | Basement |
Total Area: | 0.00 |
Approximatly Age: | 51-99 |
Property Type: | Multiplex |
Style: | 3-Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Street Onl |
Drive Parking Spaces: | 0 |
Park #1 | |
Parking Type: | Street Onl |
Park #2 | |
Parking Type: | Street Onl |
Pool: | None |
Other Structures: | Shed |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 5000 + |
Property Features: | Hospital, Park |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Stipley |
Style: | 3-Storey |
Lot Size: | x 90.00(Feet) |
Approximate Age: | 51-99 |
Tax: | $18,695.59 |
Maintenance Fee: | $0 |
Beds: | 16 |
Baths: | 8 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |