208 Mary Street, Hamilton (Beasley), Ontario

About 208 Mary Street

Exceptional investment and redevelopment opportunity in Hamilton's Beasley neighbourhood, just steps from the downtown core. Offering approximately 3,642 sq. ft. of total space, this legal, conforming duplex features two beautifully renovated residential suites above approximately 1,660 sq. ft. of main-floor commercial/storage space, offering strong existing income with significant future upside. The property generates approximately $54,600 in annual gross income, with both residential units tenanted and the main floor contributing an additional $1,000/month in storage income. The spacious upper suites feature quartz countertops, modern finishes and impressive open-concept living areas. For investors and developers, the main floor presents a compelling value-add opportunity: the City of Hamilton has Phase 2 of its Mid-Rise Residential Zones Project before Planning Committee, proposing to extend mid-rise residential zoning to additional properties across the urban area and permit greater residential density as-of-right. Secure an income-producing property today while positioning for potential future conversion or redevelopment in one of central Hamilton's evolving neighbourhoods. Buyer to complete their own due diligence regarding zoning, permitted uses and redevelopment potential. (id:6289)

More Info on this Beasley Multi-Family MLS® listing

208 Mary Street is a multi-family listing for sale in Hamilton (Beasley). The MLS® number is X14091280. It covers 3,642 square feet. It's currently listed for $649,900. For more details on MLS® X14091280, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Beasley is available now!

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