2,320 ft2
$615,000
PRICED TO SELL - Fully Vacant Mixed-Use Triplex. Exceptional live-work-invest opportunity with immediate ability to set market rents. This versatile property offers over 2,300 sq ft of total space and includes a street-facing main floor commercial unit, a self-contained rear residential apartment, and a spacious 3-bedroom upper unit, all with separate entrances for added flexibility. Flexible C2 zoning permits a wide range of commercial and residential uses, making it ideal for investors, entrepreneurs, or owner-operators looking to run a business while generating rental income. Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, helping reduce near-term capital expenses. Located along a high-visibility corridor just steps to transit, amenities, and everyday conveniences, with strong long-term growth potential and anticipated future LRT connectivity. The property also offers one driveway parking space plus convenient nearby street parking. Projected rents of $4,300-$5,100/month with an estimated NOI of $42,000-$45,000 annually, making this a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation. (id:50976)
Property Details
|
MLS® Number
|
40812595 |
|
Property Type
|
Retail |
|
Amenities Near By
|
Public Transit, Schools |
|
Parking Space Total
|
1 |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick |
|
Stories Total
|
2 |
|
Size Exterior
|
2319.6600 |
|
Size Interior
|
2,320 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
30 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C2 |
https://www.realtor.ca/real-estate/29494235/1047-main-street-e-hamilton
