Description
18 Barton Street East - A prime investment in the heart of Hamilton. This unique mixed-use property offers four self-contained residential apartments plus a versatile main-floor commercial unit, providing strong income potential with room to grow. The four apartments, each with a kitchen and three-piece bath, are occupied by long-term tenants paying below-market rents - an excellent opportunity for future value appreciation. The main-floor commercial space offers approximately 900 sqft of bright, open space, while the freshly renovated basement adds potential for additional revenue. Originally built circa 1890, the property underwent a comprehensive renovation in 2018, including updated apartments and the removal of knob-and-tube wiring. Features include two 100-amp hydro services and a forced-air gas furnace (assumable contract). Ideally located just off James Street North, this property is steps away from the vibrant Art Crawl, trendy shops and the West Harbour redevelopment, making it a highly desirable asset for investors or entrepreneurs. Vendor Take-Back (VTB) financing is available, offering added flexibility for buyer. Don't miss this opportunity to own a well-maintained, income-generating property in one of Hamilton's most exciting neighbourhoods!
Overview
Property ID:
X12315844
Type:
Multiplex
Bedrooms:
4
Bathrooms:
4
Square:
3,250 m²
Price:
$1,150,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
None
Heating:
Forced Air
ParkingFeatures:
None
YearBuilt:
100+
TaxAnnualAmount:
7743.59
PossessionDetails:
Flexible
Map
-
AddressHamilton
Contact Agency
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