770 Barton ST E new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8L 3B1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,320 sqft
Price per Sqft $517
Subdivision Gibson
MLS Listing ID X11943231
Annual Tax Amount $4,108
Tax Year 2024
Property Description
Incredible Investment Opportunity in this recently renovated income property currently used as a 15 Room Fully Occupied rental. 3 Kitchens, 3Bathrooms, 3 Laundry Facilities. Incredible Cap Rate & Flexible Close; NET over $75,000 Annually. Zoned C2;Mixed us for both Commercial &Residential so can be converted easily back into a full store front; Easily able to have variance done for C5 as it is surrounded by C5 properties.Confirmed can build UP & OUT. Set up to quickly switch to large triplex if desired with no renovations needed. Presently fully occupied with rentspaid 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 CentralAir & Furnace Owned).
Location
Province ON
County Hamilton
Community Gibson
Area Hamilton
Interior
Cooling Yes
Exterior
Garage Spaces 10.0
Community Features Major Highway,Public Transit
Utilities Available Yes
Lot Frontage 47.0
Lot Depth 105.0