657 Barton Street E Hamilton, Ontario L8L 3A3
$2,750,000
Now 100% 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 paved 14-car 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:40227)
Property Details
| MLS® Number | 40375649 |
| Property Type | Other |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
| Features | Southern Exposure, Visual Exposure |
| Parking Space Total | 14 |
Building
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Construction Material | Wood Frame |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Wood |
| Foundation Type | Stone |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Exterior | 10481.0000 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 140 Ft |
| Size Frontage | 59 Ft |
| Zoning Description | C5 - Mixed Use Medium Density |
https://www.realtor.ca/real-estate/25302323/657-barton-street-e-hamilton
Interested?
Contact us for more information
Martinus Geleynse
Salesperson
www.martinus.ca
2 Young St
Hamilton, Ontario L8N 1T9
(905) 296-3930
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February 23 2023 07:25:43
Oakville, Milton & District Real Estate Board
Sotheby's International Realty Canada, Brokerage