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. (id:60365)
MLS® Number | X12315632 |
Property Type | Multi-family |
Community Name | Stipley |
AmenitiesNearBy | Hospital, Park, Public Transit, Schools |
CommunityFeatures | Community Centre |
Structure | Shed |
BathroomTotal | 8 |
BedroomsAboveGround | 16 |
BedroomsTotal | 16 |
Age | 51 To 99 Years |
Amenities | Separate Electricity Meters |
Appliances | Dishwasher, Stove, Refrigerator |
BasementDevelopment | Finished |
BasementType | N/a (finished) |
ExteriorFinish | Brick |
FoundationType | Unknown |
HeatingFuel | Natural Gas |
HeatingType | Radiant Heat |
StoriesTotal | 3 |
SizeInterior | 5000 - 100000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
No Garage | |
Street |
Acreage | No |
LandAmenities | Hospital, Park, Public Transit, Schools |
Sewer | Sanitary Sewer |
SizeDepth | 90 Ft |
SizeFrontage | 45 Ft ,8 In |
SizeIrregular | 45.7 X 90 Ft |
SizeTotalText | 45.7 X 90 Ft|under 1/2 Acre |
ZoningDescription | De-2 |
https://www.realtor.ca/real-estate/28671295/959-main-street-e-hamilton-stipley-stipley
Demetri Boundris
Salesperson