$865,000
$879,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
801 Main ST E Hamilton, ON L8M 1L5
5 Beds
4 Baths
Key Details
Sold Price $865,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X9358770
Sold Date 10/17/24
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,169
Tax Year 2024
Property 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!
Location
State ON
County Hamilton
Rooms
Family Room No
Basement Separate Entrance, Apartment
Kitchen 4
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter
Cooling None
Exterior
Garage Private Triple
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 4
Building
Foundation Stone
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