38 HESS Street S

Key facts

• Property type: Multi-family
• Structure: Fourplex
• Transaction: For Sale
• Price: class="container" id="details-container",699,900
• Bedrooms: 2
• Bathrooms: 2
• Interior size: 3,001 sqft
• Parking: 2
• Listing key: 29656218

Listing overview

An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton’s most coveted entertainment enclave—Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking—an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5,000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at class="container" id="details-container",400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic...