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