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!
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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