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174 John Street Image 1

$2,100,000

Jan 29Store W Apt/Office For Sale
bedroomsbed
washrooms0bath
MLS - #X11945610

174 John Street, Hamilton, ON L8N 2C6

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Average Price
210000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Store W Apt/Office

Lot size

N/A

Style

Approx. Area

N/A

About 174 John Street

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.

Home Overview

Last updated

Feb 14

Virtual tour

None

Basement information

Building size

5079

Status

In-Active

Property sub type

Store W Apt/Office

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE WEST REALTY GROUP LTD.

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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Walk Score for 174 John Street

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