$1,159,900

6 Bed, 6 Bath, 2-Storey home is located near Main St E and Ottawa in Crown Point.

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.

1221 - 1223 MAIN St E, Hamilton is a 6 bedroom, 6 bathroom residential 2-Storey multiplex home. 1221 - 1223 MAIN St E, Hamilton is conveniently located in the Crown Point neighbourhood of Hamilton Ontario. 1221 - 1223 MAIN St E, Hamilton is an MLS®-Listed home with an asking price of $1,159,900. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 1221 - 1223 MAIN St E, Hamilton, the estimated monthly mortgage payment would be $5,604. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 1221 - 1223 MAIN St E, Hamilton are approximately $5,200/year based on 2024 assessment.

This 2-Storey multiplex home located at 1221 - 1223 MAIN St E, Hamilton features a Alum Siding & Metal/Side exterior. The lot size of this North facing property is 30 x 100 feet. The property has 2 parking spaces. The home has Electric fueled Baseboard heating and has no air conditioning.