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$2,699,000
Est. payment /mo
10,000 SqFt
UPDATED:
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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Lited by RE/MAX ESCARPMENT REALTY INC.