770 Barton Street E Hamilton, Ontario L8L 3B1
$1,278,888.88
WOW! Both new and experienced investors take note, this 3 unit property is a positive cash flow machine! Each unit has its own kitchen, full bathroom, laundry & 5 large bedrooms. The numbers speak for themselves and the units are currently leased for $147,600 a year. It is fully tenanted with long-term room rentals for reliable ongoing income. The property has an attached 1 car garage with 3 driveway spaces, and then in the rear a fenced-in parking lot adds another 8 or more spaces. This building has been well maintained by a very experienced landlord and is filled with great tenants. The seller is also offering to stay on and manage the property, including leasing to new tenants when necessary. For any out of town, or even local investor, this means you can be free of all the stress that being a landlord entails and just collect a large income while building equity. Situated right on a bustling main road, public transit and amenities are everywhere, making it easily accessible and a desirable location for tenants. This property is very unique and has tons to offer! (id:52486)
Property Details
| MLS® Number | H4169635 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Park Setting, Park/reserve, Paved Driveway, No Pet Home |
| Parking Space Total | 12 |
| Rental Equipment Type | Water Heater |
Building
| Appliances | Dishwasher, Dryer, Refrigerator, Stove |
| Architectural Style | 2 Level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 2519 Sqft |
| Size Interior | 2519 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 105 Ft |
| Size Frontage | 47 Ft |
| Size Irregular | 47 X 105 |
| Size Total Text | 47 X 105|under 1/2 Acre |
https://www.realtor.ca/real-estate/25852496/770-barton-street-e-hamilton
Interested?
Contact us for more information
Marty Birthelmer
Salesperson
(905) 575-7217
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7
(905) 575-5478
(905) 575-7217
Vince Gratta
Salesperson
(905) 574-1450
www.vincegratta.com/
109 Portia Drive Unit 4b
Ancaster, Ontario L9G 0E8
(905) 304-3303
(905) 574-1450
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September 11 2023 08:08:53
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.