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Excellent mixed use investment property in central Hamilton. Located on a major transit route, this property is 8400 square feet (owner advised size of property) and boasts 14 separate units - 10 residential units, mixed between 6 x bachelor, 3 x 1 bedroom and 1 x 2 bedroom and 4 ground floor commercial units. The owner has maintained the property since 2003 but has almost never raised rents, with the residential units being well below market. Combine this with 4 commercial units this is an excellent value add opportunity. Possible conversion of ground floor into additional residential units. Buyer to perform own due diligence. Seller is willing to assist with a VTB on the property. Call now to book your showing. (id:48215)
MLS® Number | H4173541 |
Property Type | Other |
Amenities Near By | Public Transit, Recreation |
Community Features | Community Centre |
Cooling Type | None |
Fire Protection | Fire Alarm System |
Heating Type | Hot Water Radiator Heat |
Size Exterior | 8400 Sqft |
Size Interior | 8400 Sqft |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Land Amenities | Public Transit, Recreation |
Sewer | Sanitary Sewer, Storm Sewer |
Size Depth | 80 Ft |
Size Frontage | 81 Ft |
Size Irregular | 81.86 X 80 |
Size Total Text | 81.86 X 80|under 1/2 Acre |
Zoning Description | C2 |
https://www.realtor.ca/real-estate/26039948/665-671-main-street-e-hamilton
Adrian Mekli
Salesperson
(905) 538-6541
(905) 296-5017