540 MAIN Street E, Hamilton, Ontario, L8M 1J1 Hamilton ON CA
Property Details
3
3
St. Clair
Unfinished
MultiFamily
Description
Cash flow potential is huge with many opportunities for income generation. Property features 2 large homes: A 5,631 sf, 3-storey, 5 bedroom home connected to 2 units: the front unit is approx. 1,000 sf and is currently used by the owner as a lounge/library/bar area for entertaining, however it could be converted to a commercial or residential unit. Rear unit features a 900 sf slab on grade former warehouse space that has been converted to a rec-room for the owners personal use. Subject to due diligence and zoning verification, these spaces have potential to be separate commercial or residential units. The 2nd building is a 1,853 sf fully detached home that features 3 kitchens, 3 bathrooms and 4 bedrooms, all with separate entrances, fully independent of each other. This house offers an excellent opportunity for long or short term rentals, as well as a guest house for visitors. Located in the sought after St. Clair neighborhood. Buyer to do own due diligence with respect to legality of all units and seller does not warrant or represent the number of legal units. Priced to sell, this investment opportunity will not last. Find out more about this property. Request details here
Location
Address
540 Main Street East, Hamilton, Ontario L8M 1J1, Canada
City
Hamilton
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