801 Main Street E , Hamilton, ON L8M 1L5
Hamilton, ON L8M 1L5
Description
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!
Details
| MLS# | 40647293 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1912 |
| Days On Site | 26 |
| Listing Provided By | Rock Star Real Estate Inc., Brokerage | Christopher Hook |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,176 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | DE-2 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8M 1L5 |
| Area | 20 Hamilton Centre |
| Subarea | 200 Gibson | Stipley |
| Community Name | 200 Gibson/Stipley |
| Listing VS Median (in 200 Gibson/Stipley) | |
Price: $879,900 low | high Med: $549,950 SqFt: 2,176 low | high Med: 1,299 $ / SqFt: $404 low | high Med: $433 On Site: 26 low | high Med: 11.500000 | |