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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 Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
City: Hamilton
Neighborhood: Crown Point
Purchase Price | $1159900 |
Down Payment | $231980 |
Mortgage Insurance | $0 |
Total Mortgage | $927920 |
Mortgage Payment | $5718 |
Property Taxes | $433 |
Maintenance Fees | $0 |
Monthly Payment | $6151 |
Sold Comparables homes near 1221 - 1223 Main St E, Hamilton
Located at 1221 - 1223 Main St E , this Hamilton house is available for sale. This property was listed for $1,159,900 on Mon Mar 31 2025. This house's size is 30 x 100 Feet. It has 6 bedrooms and 6 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 2 parking spots. 1221 - 1223 Main St E, Hamilton is situated in the Crown Point neighbourhood.
MLS#: X11950262 · $1,159,900 · 6 bedroom house in Crown Point, Hamilton