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424 East 42nd Street



+14
14
bed6
bath12
parking5000 - 65535
sqftMultiplex
$2,249,900
For Sale
6 hours
on site$2,249,900

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Size
-
Lot size
14948 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$34 - $450
Taxes
$11,138.68 (2026)
Parking Type
-
Style
2-Storey
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Description
Rare multi-residential investment opportunity in Hamilton's desirable East Mountain! This purpose-built property features six two-storey town homes, including two 3-bedroom end units and four 2-bedroom units, each designed with private entrances, individual laundry and bonus unfinished basements offering additional potential. The building has been exceptionally maintained, with major mechanical updates completed in 2025 including new furnaces and air conditioning systems, providing investors with predictable operating costs and minimal near-term capital expenditures. Each unit is well cared for, creating a strong foundation for stable tenancy. Investors will appreciate the significant rental upside, with opportunities to optimize rents over time while benefiting from the property's solid fundamentals. A standout feature is the six detached garages, offering valuable additional income potential and tenant convenience. Ideally located in Hamilton's East Mountain, the property is close to major highways, shopping, schools, parks and transit, making it highly attractive for tenants and ensuring long-term rental demand. A truly rare chance to acquire a multi-unit asset in a prime location with strong income potential and long-term growth. RSA.
Broker: RE/MAX ESCARPMENT REALTY INC.
MLS®#: X12878610
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
75 Ft
Lot depth:
199 Ft
Listed on:
Mar 12, 2026
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Instant estimate:
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$73,376
lower than listed pricei
High
$2,248,215
Mid
$2,176,524
Low
$2,094,910
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About 424 East 42nd Street
424 East 42nd Street is a Hamilton multiplex for sale. It was listed at $2249900 in March 2026 and has 14 beds and 6 bathrooms.
Some good places to grab a bite are Gage Pizza, KFC or McDonald's. If you love coffee, you're not too far from Tim Hortons located at 675 Mohawk Rd E. Groceries can be found at Food Basics which is a 3-minute walk and you'll find S J Marcogliese not far as well. If you're an outdoor lover, multiplex residents of 424 E 42nd St, Hamilton City are a 3-minute walk from Hampton Park and Fernwood Park.
If you are looking for transit, don't fear, 424 E 42nd St, Hamilton City has a public transit Bus Stop (UPPER GAGE at DALLAS) a short walk. It also has route Upper Gage close by.
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- There are no active MLS listings right now. Please check back soon!