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3-35 Stone Church Rd. Ancaster L9K 1S5

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1221-1223 Main St E. Hamilton

$469,000

6 Units- plus roof sign income. Large renovated apartments.

Over 7% CAP RATE

Click on link for details…GREAT INVESTMENT OPPORTUNITY – 1223 main st.

6 residential units plus billboard
New flat roof 2012 , New windows 2011,
Billboard lease for 5 years at 4500 per year.
4 tenants on hot water boiler and
2 bottom units on forced air gas furnace
Water Heater rented
Paved Parking for 2-3 cars
Top two apartments
pay hydro
Bottom four units have hydro
included in rent
Balconies on top units
One tenant has been there 12 years.
Fully rented until January 1
One the top floor unit will be vacant, rent
will be increased
Zoned two residential and 2 commmercial.

 

  • Address: 1221-1223 Main Street East., Hamilton
  • Location:
  • Status: Cancelled
  • Property Type:
  • Mortgage: N/A
  • Date Available: 2015-07-31
    • Units: 6
    • Stories: 2
    • Parking: 3
    • Basement: 1