Exceptional mixed-use investment opportunity in the heart of Hamilton. This beautifully updated property features separately metered commercial and residential spaces, offering immediate income from an established commercial tenant along with the opportunity to secure market rents on the vacant residential units. The leased commercial space provides stable cash flow, while the residential component includes a bright one-bedroom apartment and a well-designed studio suite, both featuring in-suite laundry and excellent leasing potential. Separate hydro meters help reduce operating expenses and simplify management, making this an attractive and efficient investment. An unfinished basement offers additional value-add potential and could be finished to create usable space, subject to buyer verification and any required approvals. Thoughtfully updated throughout, the property combines strong income-generating fundamentals with future upside. The commercial space enjoys excellent street exposure and visibility, while the residential units provide comfortable, modern living accommodations in a highly accessible location. Situated just steps from public transit and along the proposed future LRT corridor, this property is well positioned to benefit from ongoing neighbourhood growth and infrastructure investment. Conveniently located near downtown Hamilton, shopping, restaurants, schools, parks, and major transportation routes, it appeals to a wide range of both commercial and residential tenants. Whether you're expanding your investment portfolio or seeking a property with immediate income and leasing potential, 76 Wentworth Street South presents a rare opportunity to acquire a turnkey mixed-use asset in one of Hamilton's evolving and revitalizing neighbourhoods. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
1,920 sq. ft.178 m2
Finished Area Above Grade:
1,920 sq. ft.178 m2
Zoning:
D5
Taxes:
$7,505.18 /
-
Community:
143 - Stinson
Exterior Features:
Brick, Vinyl siding
Community Features:
High Traffic Area, School Bus, Community Centre
Structure Type:
Triplex
Appliances Included:
Microwave
Bedrooms:
1
Bathrooms:
3.0
Cooling:
Central air conditioning, Wall unit, Ductless
Fireplace:
No
Foundation:
Stone
Heating:
Heat Pump, Forced air, Natural gas, Other
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Unfinished, Full
Lot Frontage:
25'7.62 m
Lot Features:
Visual exposure
Parking:
None
Photo 1 of 43
Photo 2 of 43
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Unit #1 - Commercial Space before tenant.
Virtually Staged Unit #2 - Residential 1 bedroom
Virtually Staged Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #2 - Residential 1 bedroom
Unit #3 - Residential Studio apartment
Virtual Staged Unit #3 - Residential Studio apartment
Unit #3 - Residential Studio apartment
Unit #3 - Residential Studio apartment
Unit #3 - Residential Studio apartment
Unit #3 - Residential Studio apartment
Unit #3 - Residential Studio apartment
Unit #3 - Residential Studio apartment
Unit #3 - Residential Studio apartment Washer/dryer combo
Unit #3 - Residential Studio apartment
Outdoor wood deck with natural wood railing and balusters
Outdoor shared space featuring a wood deck, artificial turf, and stepping stones
Backyard shared space featuring a wood-finish deck and green artificial turf
Exterior featuring a wooden deck, a section of artificial turf, and a wooden privacy fence
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