1831 Main Street WHamilton, Hamilton, ON, L8S 1H6
1831 Main Street WHamilton, Hamilton, ON, L8S 1H6
Property Location
Listing History
Buy/sell history for 1831 Main Street W, Hamilton, ON L8S 1H6
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Hamilton
Description
Exceptional income-producing mixed-use investment opportunity in Hamilton! This approximately 6,300 sq. ft. property features six residential units alongside commercial space, offering diversified income potential. The investment analysis projects $184,640 in annual gross income, $116,435 in annual net operating income (NOI), and an 8.32% capitalization rate. Further income potential includes an estimated $1,400 per month from a proposed basement rental unit, subject to applicable approvals, as well as an agreed $500 increase to the In Bloom commercial lease upon its May 2027 renewal. The property also offers 10 parking spaces, renovated residential apartments, and additional partial renovations in the basement. Conveniently located near public transit, parks, and local amenities, this property presents an attractive opportunity for investors seeking a mixed-use asset with diversified income streams and potential for increased returns.
Features
No features availableAmenities
Summary
Rooms
Details
Property
Building
Inside
Parking
Utilities
Land
Property Location
Contact Representative
$1,399,000
List price