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!
Address
709 Main Street E
List Price
$2,699,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Hamilton
Sub-Area
St. Clair
County
Hamilton
Lot Depth
148
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
44
MLS® Number
X12089806
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Postal Code
L8M 1K8
Tax Amount
$28,100.00
Tax Year
2024
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
None
Sewer
Sanitary+Storm