754 & 756 Main Street EHamilton, Hamilton, ON, L8M 1L1
754 & 756 Main Street EHamilton, Hamilton, ON, L8M 1L1
Property Location
Listing History
Buy/sell history for 754 & 756 Main Street E, Hamilton, ON L8M 1L1
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Hamilton
Description
ATTENTION CASH FLOW INVESTORS - 8.5% CAP RATE = 15% ROI ON ASKING PRICE....Rare mixed-use investment offering on a high-traffic stretch of Main Street East. Two adjacent 3-storey buildings on a 9,493 SF, comprising 11 residential suites (1 bachelor, 6 one-bedroom, 4 two-bedroom) and 2 retail units at grade, plus 5 surface parking spaces. Originally constructed in 1910, the property has undergone extensive capital expenditure and in-suite renovation over recent years. Retail is anchored by two established local operators - Soapy Bubbles Laundromat, which also serves the surrounding residential community, and Big Top Family Restaurant - both contributing additional rent (TMI) toward operating costs.
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Summary
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$2,200,000
List price