$879,900 FOR SALE

Investment

Lot: 29.33 x 98 ftTotal Area: 2,175 ft2
2024 Taxes: $5,169

801 Main St E
Hamilton, ON L8M 1L5 | Stipley

Welcome to the money maker on Main, 801 Main St E, this exceptional four-unit property close to downtown Hamilton and in the heart of Gibson neighbourhood with a very short walk to Gage Park. Total GROSS INCOME OF $72,000, you don't want to miss the chance to add this property to your portfolio. Interest rates coming down will only improve the already great cash flow on this one. All units contain updated kitchens with quartz countertops. Bathrooms are updated as well. Unit 1 is a 1 bed 1 bath with its own in-suite laundry. Unit 2 is a spacious 2-bed 1-bath layout with an outdoor patio space and its own in-suite laundry. Unit 3 is a good-sized bachelor unit with a great patio space for entertaining. Unit 4 is located in the basement and is a 1 bed 1 bath. Unit 3 & 4 share laundry. Plumbing and wiring have been recently updated. The property contains 4 SEPARATE HYDRO METERS. Don't miss the opportunity to secure a high cash flow property in a thriving area that is walking distance to two proposed LRT stops!

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Listed By ROCK STAR REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9358774
Last Updated Oct 08, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 172090066
Legal Description PT LT 54, PL 304, AS IN VM184458; S/T & T/W VM184458 CITY OF HAMILTON
Occupancy Tenant
Possession Date Flexible
Taxes (2024) $5,169
Tax Type Annual
Directions/Cross Streets Sherman Ave. S.
Neighbourhood Stipley
Area Hamilton
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 29.33 x 98 ft
Total Area 2,175 ft2
Air Conditioning N
Chattels Y
Garage Type Outside/Surface
Parking Spaces 4
Heat Type Gas Forced Air Open
% Building 100
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning DE-2
Seller Property Info Statement N

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