LOADING

749a Barton Street E Hamilton, Ontario L8L 3A9

8400 sqft
2 Level, Multi-Unit Hot Water Radiator Heat, Boiler

$1,395,000

Looking for a great investment property w/ excellent cash flow? With respectful tenants w/ active leases and rental application forms. In the increasingly desirable Gibson/Stipley hub! Walking distance to Tim Hortons Field Stadium. This hands-on owner is retiring, after spending over $148,000 in improvements since 2013. So come take a look at this large 8,400 sq. ft residential/commercial apartment building. It has 8 units; 3 large 2-bedrm, 2 junior 1-bedrm, 2 bachelors apt and a 4,200 square ft commercial ground flr unit that has been leased since 2014 by only two merchants. The building improvements are as follows: Sept 2013 new 30 years+ roof w/ 20-year warr, covering materials and labour transferable to Buyer, Sept. 2013 a new 14-channel surveillance camera system, Feb. 2016 hot water tanks(owned), Sept 2016 new 400-amp service installed. Only 2 units dont have their own electrical meters but can be done easily. Oct 2014 upgraded radiator heaters w/ automatic bleeders & temperature control on and off levers. Aug 2017 installed 8 new dome skylights. Feb 2020 installed new boiler. May 2021 upgraded fire & safety retrofit including new hard wired smoke alarms, running man exit signs, new & upgraded emergency lighting, upgraded pull stations & fire extinguishers. March 2013 to 2022 new flooring in 6 units among other things. Steps to General Hospital, schools, shopping, bus route, and close to highway access. Profit & Loss available in supplements. All sizes are approx. (id:40227)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4135960
Property Type Multi-family
Amenities Near By Hospital, Public Transit, Recreation, Schools
Community Features Community Centre
Equipment Type None
Features Park Setting, Park/reserve, Level, Carpet Free, No Driveway, Laundry- Coin Operated
Rental Equipment Type None

Building

Appliances Dryer, Refrigerator, Stove, Washer
Architectural Style 2 Level, Multi-unit
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Construction Style Attachment Semi-detached
Exterior Finish Brick
Fire Protection Fire Alarm System, Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat, Boiler
Stories Total 2
Size Exterior 8400 Sqft
Size Interior 8400 Sqft
Type Multi-family
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Hospital, Public Transit, Recreation, Schools
Sewer Municipal Sewage System
Size Depth 120 Ft
Size Frontage 35 Ft
Size Irregular 35.01 X 120
Size Total Text 35.01 X 120
Soil Type Clay

https://www.realtor.ca/real-estate/24441300/749a-barton-street-e-hamilton

Interested?

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Ralph Agostino
Salesperson

(905) 317-6654

Keller Williams Complete Realty
1044 Cannon Street East
Hamilton, Ontario L8L 2H7

(905) 308-8333

Linda J. Savard
Salesperson

(905) 979-2216

Keller Williams Complete Realty
1044 Cannon Street East
Hamilton, Ontario L8L 2H7

(905) 308-8333

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