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. (id:52316)
ROYAL LEPAGE WEST REALTY GROUP LTD.
$2,100,000
174 JOHN STREET S, Hamilton, Ontario
7 Bathrooms
5079 Sqft
Property
MLS® Number: X11945610
Address: 174 JOHN STREET S
City: Hamilton
Utilities
Heating: Baseboard Heaters
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Property Sale History
Travel and Neighbourhood
99/100Walk Score®
Walker's Paradise
Location
