Incredible Investment Opportunity in this recently renovated income property currently used as a Multi Room Fully Occupied rental. 3 Kitchens, 3 Bathrooms, 3 Laundry Facilities. Incredible Cap Rate & Flexible Close; NET over $75,000 Annually. Zoned C2;Mixed use for both Commercial & Residential so can be converted easily back into a full store front (which it used to be); Easily able to have variance done for C5 as it is surrounded by C5 properties. Confirmed can build UP & OUT by city. Set up to quickly switch to large triplex if desired with no renovations needed. Presently fully occupied with rents paid in full. Property well maintained and large parking areas on side of building & in rear. Recent renovations include: New Furnace last month, new ceramic tiling, new drywall, new kitchen, new washroom, new flooring, Basement renovated ! Quick close available. (2 A/C Units on Central Air & Furnace Owned) (id:63008)
| MLS® Number | 40782305 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area, Community Centre, School Bus |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 10 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 3 |
| BedroomsTotal | 15 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1935 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 3270 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Detached Garage |
| AccessType | Road Access, Highway Access |
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 105 Ft |
| SizeFrontage | 47 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C2 |
https://www.realtor.ca/real-estate/29033975/770-barton-street-e-hamilton
Brittany Quay
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