Turn-key investment property available with solid 5.4% cap rate! Fully leased! Enjoy an excellent, low-maintenance investment three doors down from massive Hamilton General Hospital! This mixed-use building was completely rebuilt professionally from the brick in 2019 with permits. The upper two floors are comprised of four beautiful, separately-metered 1-bedroom units, and the main floor commercial unit houses a newly-rented restaurant with an established, experienced operator! A small 3-car parking lot is included at the rear of the property. The roof even has a full solar array that may be hooked up for added benefit. If you're looking for a solid investment property in a great location, you have found it. (id:40008)
MLS® Number | 40375639 |
Property Type | Other |
Amenities Near By | Hospital, Public Transit |
Community Features | High Traffic Area |
Features | Southern Exposure, Visual Exposure |
Parking Space Total | 3 |
Basement Development | Partially Finished |
Basement Type | Full (partially Finished) |
Constructed Date | 1900 |
Cooling Type | Central Air Conditioning, Ductless |
Exterior Finish | Brick, Stucco |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air, Heat Pump |
Stories Total | 3 |
Size Exterior | 3393.0000 |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Hospital, Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 78 Ft |
Size Frontage | 26 Ft |
Size Irregular | 0.05 |
Size Total | 0.05 Ac|under 1/2 Acre |
Size Total Text | 0.05 Ac|under 1/2 Acre |
Zoning Description | Mixed Use Medium Density - Pedestrian Focus (c5a) |
https://www.realtor.ca/real-estate/25302324/301-barton-street-e-hamilton
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