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$1,799,900
Available - For Sale
Listing ID: X8372572
Investment opportunity on Hamilton Mountain! This property features six well-maintained residential units & 1 commercial lease, all fully tenanted, ensuring immediate rental income. Additionally, the property includes a billboard lease, further enhancing the income potential. Impressive overall cap rate of 6.05%, this property promises substantial returns. The residential units offer a mix of layouts 2- 2 bedrooms, 3- 1 bedrooms & 1 Bachelor, catering to diverse tenant needs, and are situated in a desirable neighborhood with easy access to amenities, public transport, and major highways. 8 parking spots. Don't miss out on this exceptional opportunity to expand your portfolio with a property that combines stability, growth potential, and a prime location on Hamilton Mountain.
Price $1,799,900
Taxes: $9,472
Tax Type: Annual
Occupancy by: Tenant
Address: 570 Upper Wellington St , Hamilton, L9A 3P9, Ontario
Postal Code: L9A 3P9
Province/State: Ontario
Lot Size: 50 x 127 (Feet)
Directions/Cross Streets: Brucedale
Zoning: C5
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 5,500
Total Area Code:  Sq Ft
Financial Statement: Y
Chattels: Y
Franchise: N
Rail: N
Heat Type: None
Central Air Conditioning: N
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT GOLFI REALTY INC.

570 Upper Wellington St , Hamilton, L9A 3P9, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Centremount
Style:
Lot Size: 50.00 x 127.00(Feet)
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Tax: $9,472
Maintenance Fee: $0
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