7 Bathroom
3,600 ft2
Forced Air
$1,450,000
Exceptional Turn-Key Investment Opportunity in Hamilton. Welcome to 897 Barton Street East, purpose-built 7-plex generating strong, consistent income. This well-maintained property features six one-bedroom units and one two-bedroom unit, with a current monthly gross income of $9,463.72 and potential to reach $10,550. With projected valuation at $1,780,000, this asset offers investors an attractive return and long-term upside. The building is home to reliable, long-term tenants and has been carefully managed to minimize expensesthere is no rented equipment on site. Located in a high-demand area close to shopping, transit, GO Station, hospitals, and key city amenities, the property benefits from strong rental demand and a low vacancy history. Whether you're expanding your portfolio or seeking a stable income-producing asset in a rapidly growing market, 897 Barton Street East is a smart, turn-key acquisition in the heart of Hamiltons urban revival. (id:50976)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X12321378 |
Property Type
|
Multi-family |
Community Name
|
Crown Point |
Parking Space Total
|
6 |
Building
Bathroom Total
|
7 |
Age
|
16 To 30 Years |
Heating Fuel
|
Electric |
Heating Type
|
Forced Air |
Size Exterior
|
3600 Sqft |
Size Interior
|
3,600 Ft2 |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
110 Ft |
Size Frontage
|
45 Ft |
Size Irregular
|
Bldg=45 X 110 Ft |
Size Total Text
|
Bldg=45 X 110 Ft |
Zoning Description
|
471-retail/office W Residential Units |
https://www.realtor.ca/real-estate/28683354/comm-897-barton-street-e-hamilton-crown-point-crown-point