468-476 MAIN Street E

Introducing a remarkable opportunity: a Multi-Family Home for sale in Hamilton , located at 468-476 Main Street E, Hamilton. This impressive multiplex is situated in the historic Stinson neighbourhood, an area renowned for its vibrant community and accessibility. With a total of 16 bedrooms and 16 bathrooms, this property is designed to cater to the needs of multiple families, making it an ideal investment for those seeking a stable and lucrative rental asset.

The property at 468-476 Main Street E, Hamilton, boasts a robust structure built of durable brick, ensuring longevity and minimal maintenance. The building style is classified as 'Other', which adds a unique character to the property. Spanning a generous lot size of 125 x 89 feet, this Multi-Family Home for sale in Hamilton offers ample space for its residents. Although there is no basement or additional land, the existing footprint provides a solid foundation for the potential of this investment.

One of the standout features of this Multi-Family Home for sale in Hamilton is the impressive 12 on-site parking spaces. In a city where parking can often be a challenge, this feature greatly enhances the appeal of the property to prospective tenants. The absence of a garage does not detract from the convenience offered by the designated parking areas, which are easily accessible from the main thoroughfare.

Inside, the property is unfurnished, allowing new owners to customise the living spaces according to their vision. Each of the 16 units is equipped with its own kitchen, catering to the needs of families and individuals alike. While there is no additional kitchen or family room, the layout of the building ensures that each unit is self-sufficient. The absence of air conditioning and a central vacuum system may be seen as drawbacks; however, the radiant heating system provides a warm and comfortable environment during the colder months.

Connectivity is not an issue in this Multi-Family Home for sale in Hamilton, as the property is equipped with internet access, ensuring that residents can stay connected for work or leisure. The building is serviced by municipal water and sewer, further enhancing its appeal as a low-maintenance investment.

Situated at the crossroads of Main Street and Ontario Avenue, this property benefits from its prime location. The high-demand rental pocket surrounding 468-476 Main Street E, Hamilton, is just minutes away from downtown Hamilton, where tenants can enjoy a variety of amenities, including shopping, dining, and entertainment options. Additionally, the proximity to transit hubs, hospitals, and schools makes this location particularly attractive for families and professionals alike.

The age of the building, ranging from 51 to 99 years, adds to its charm and historical significance within the Stinson community. While it may not feature a pool or fireplace, the character of the property lies in its potential for consistent cash flow and long-term appreciation. Investors will find that this Multi-Family Home for sale in Hamilton offers a rare blend of scale and stability, making it a compelling choice for those looking to expand their property portfolio.

In summary, the Multi-Family Home for sale in Hamilton at 468-476 Main Street E, Hamilton, is a prime investment opportunity. With its strategic location, ample parking, and substantial living space, this property is poised for success in the competitive rental market. Whether you are an experienced investor or a newcomer to property investment, this multiplex represents a unique chance to secure a valuable asset in one of Hamilton's most sought-after neighbourhoods. Don’t miss out on this exceptional opportunity to invest in a Multi-Family Home for sale in Hamilton.

Stinson is a charming neighbourhood nestled within the city of Hamilton, known for its picturesque streets and a rich tapestry of historical architecture. This area boasts a blend of serene residential living and convenient access to local amenities, making it an appealing choice for prospective residents. With its lush green parks and proximity to the vibrant downtown core, Stinson offers a perfect balance of tranquility and urban convenience. The community is characterised by its friendly atmosphere, where neighbours often engage in local events and activities, fostering a sense of belonging. Whether you're drawn to the scenic views or the welcoming spirit of the area, Stinson presents an inviting option for those seeking a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Cathy Wever Elementary School (0.8 km), which offers grades JK to 8 and has a school rating of 2.8. For secondary education, Bernie Custis Secondary School is just 1.6 km away, although it has a lower rating of 1.9. Additionally, Bennetto Elementary School (2.1 km) offers French language instruction for grades 1 to 4 with a rating of 3, while Norwood Park Elementary School (3.1 km) provides French education for grades 1 to 8 and boasts a higher rating of 6.5. Sherwood Secondary School, also offering French instruction for grades 9 to 12, is located 3.4 km away and has a commendable rating of 6.9. For those interested in Catholic education, St. Patrick CES is only 0.5 km from the property, but it currently has a rating of 0. Cathedral CSS, another Catholic secondary option, is also nearby at 0.5 km with a rating of 3.1. Overall, the area provides a mix of educational opportunities for various preferences and needs.