1646 Main Street E, Hamilton, Ontario L8H 1C6 (22459813)


LOADING

1646 Main Street E Hamilton, Ontario L8H 1C6

2661
Multi-Unit Central Air Conditioning Forced Air

$1,190,000

Licensed 10 Room Lodging/Rooming House + 1 commercial unit. Fully occupied. High Demand from City of Hamilton that can not be met. Upside would be to add meal services to increase revenue and profits. 2,661 square feet + 2,181 square foot basement. Total: 4,842 usable sf. Located beside proposed redevelopment site / proposed Hamilton Light Rail Hub. Attractive VTB 1st mortgage financing available at attractive rates OAC with minimum 15% down. Major internal renovation of kitchen and lower bathroom area. Automatic rent deposits of some tenants from government sponsored programs. Note rooming houses do not fall under the The Tenant Protection Act. A major benefit. (id:35012)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4090185
Property Type Multi-family
Amenities Near By Public Transit
Community Features Quiet Area
Equipment Type Water Heater
Features Paved Driveway, Country Residential
Parking Space Total 8
Rental Equipment Type Water Heater

Building

Architectural Style Multi-unit
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2661
Type Multi-family
Utility Water Community Water System, Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 43 Ft
Size Irregular 43.41 X 100
Size Total Text 43.41 X 100|under 1/2 Acre
Zoning Description Toc1-transit Orientedcorridormixedusemediumdensity

https://www.realtor.ca/real-estate/22459813/1646-main-street-e-hamilton

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