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657 Barton St E Hamilton, Ontario L8L 3A3

10481 sqft
Fully Air Conditioned

$2,750,000

Now100% Leased With An Exceedingly Strong 6.25% Cap Rate, This Is A Fantastic Investment Property At The Increasingly-Desirable Barton/Sherman Hub! Completely Rebuilt Only Five Years Ago, This Building Is In Excellent Shape And Offers Very Strong Cashflow. The Parcel Is Comprised Of Six 2 & 3 Bedroom Residential Units Plus Three Large Commercial/Retail Units On Excellent, Long Leases With Great Tenants, With A Large 14-Car Paved Parking Lot. All Units Have Individual Meters, Tankless Water Heaters, Hvac, And In-Suite Laundry. Home To The Barton St Bia And Landmark Hendry's Barbershop (With Recently Restored Iconic Sign), This Property Is A Both Piece Of Hamilton's History And A Tremendous Investment For The Future. (id:29282)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X5927735
Property Type Multi-family
Community Name Gibson
Amenities Near By Public Transit
Parking Space Total 14

Building

Cooling Type Fully Air Conditioned
Size Interior 10481 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Irregular 59.45 X 140.41 Ft
Size Total Text 59.45 X 140.41 Ft

https://www.realtor.ca/real-estate/25302910/657-barton-st-e-hamilton-gibson

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