709 MAIN ST E new

Hamilton,ON L8M 1K8

$ 2699000

- Bed

- Bath

10000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $269

Subdivision St. Clair

MLS Listing ID X12089806

Annual Tax Amount $28,100

Tax Year 2024

Property Sub-Type Investment

Property Description

Excellent Investment Opportunity in the Heart of Hamilton! Welcome to 709 Main Street East a well-maintained 12-unit apartment building generating strong annual income of $228,516. Each unit is self-contained, featuring its own washer/dryer and furnace, allowing tenants to enjoy full autonomy and comfort. Tenants are responsible for their own hydro and gas, resulting in exceptionally low operating expenses for the owner. Located in a high-demand rental area with strong transit access and amenities nearby, this turnkey property is a rare find for savvy investors looking for consistent cash flow and long-term value. Don't miss out on this prime addition to your portfolio!

Location

Province ON

County Hamilton

Community St. Clair

Area Hamilton

Zoning E/S-1543

Interior

Cooling No

Inclusions 12 Fridges, 12 stoves, 12 washer/dryer

Exterior

Parking Features None

Utilities Available Available

Building

Lot Description Building

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