Incredible Investment Opportunity in this recently renovated income property currently used as a 15 Room Fully Occupied rental. 3 Kitchens, 3 Bathrooms, 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 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:4069)
Address
770 BARTON Street E
List Price
$1,250,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
2 Level
Area
Ontario
Sub-Area
Hamilton
Bedrooms
15
Bathrooms
2
Floor Area
3,270 Sq. Ft.
Year Built
1935
MLS® Number
40717321
Listing Brokerage
Revel Realty Inc.
Basement Area
Full (Finished)
Postal Code
L8L3B1
Zoning
C2
Site Influences
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
In-Law Suite