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$2,750,000
Status: OFF MARKET
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X5927735 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :07 Jun, 2023 (1201 Days ago) |
| Source | :TRREB |
| Area | :Hamilton |
|---|---|
| Postal Code | :
L8L 3A3
|
| Price | : $2,750,000 |
|---|---|
| Property Taxes | :$12651.20 |
| Tax Year | :2022 |
|---|
| Cross Street | :Sherman St. N & Barton St. E. |
|---|
23 Feb, 2023
TREB #X5927735
Available
$2750000.0
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