Exceptional Turn-Key Investment Opportunity in Hamilton. Welcome to 897 Barton Street East, purpose-built 7-plex generating strong, consistent income. This well-maintained property features six one-bedroom units and one two-bedroom unit, with a current monthly gross income of $9,463.72 and potential to reach $10,550. With projected valuation at $1,780,000, this asset offers investors an attractive return and long-term upside. The building is home to reliable, long-term tenants and has been carefully managed to minimize expenses—there is no rented equipment on site. Located in a high-demand area close to shopping, transit, GO Station, hospitals, and key city amenities, the property benefits from strong rental demand and a low vacancy history. Whether you're expanding your portfolio or seeking a stable income-producing asset in a rapidly growing market, 897 Barton Street East is a smart, turn-key acquisition in the heart of Hamilton’s urban revival. (id:63008)
MLS® Number | 40756574 |
Property Type | Multi-family |
AmenitiesNearBy | Hospital, Public Transit, Shopping |
Features | Southern Exposure |
ParkingSpaceTotal | 6 |
BathroomTotal | 7 |
BedroomsTotal | 8 |
BasementType | None |
ConstructedDate | 2004 |
CoolingType | None |
ExteriorFinish | Brick |
FoundationType | Block |
HeatingFuel | Electric |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 3600 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Hospital, Public Transit, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 110 Ft |
SizeFrontage | 45 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | 471-retail/office W Residential Units |
https://www.realtor.ca/real-estate/28683259/897-barton-street-e-hamilton
Roland Hsu
Salesperson