174 John Street , Hamilton, ON L8N 2C6
Hamilton, ON L8N 2C6
Description
Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023.
Details
| MLS# | X11945610 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 84 |
| Listing Provided By | ROYAL LEPAGE WEST REALTY GROUP LTD. | X11945610 597500 |
Features
| Bath(s) | 7 |
|---|---|
| SQ Feet | 5,079 |
| Acreage | 0.12 |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 2C6 |
| Area | Corktown |
| Listing VS Median (In L8N 2C6) | |
Price: $2,100,000 low | high Med: $2,100,000 SqFt: 5,079 low | high Med: 5,079 $ / SqFt: $413 low | high Med: $413 On site: 84 low | high Med: 84.000000 | |