570 Upper Wellington Street Hamilton, Ontario L9A 3P9
Interested?
Contact us for more information
$1,799,900
Investment opportunity on Hamilton Mountain! This property features six well-maintained residential units & 1 commercial lease, all fully tenanted, ensuring immediate rental income. Additionally, the property includes a billboard lease, further enhancing the income potential. Impressive overall cap rate of 6.05%, this property promises substantial returns.The residential units offer a mix of layouts 2- 2 bedrooms, 3- 1 bedrooms & 1 Bachelor, catering to diverse tenant needs, and are situated in a desirable neighborhood with easy access to amenities, public transport, and major highways. 8 parking spots. Don't miss out on this exceptional opportunity to expand your portfolio with a property that combines stability, growth potential, and a prime location on Hamilton Mountain. (id:58072)
Business
| BusinessType | Other |
Property Details
| MLS® Number | H4195164 |
| Property Type | Other |
| ParkingSpaceTotal | 8 |
Building
| CoolingType | None |
| HeatingType | No Heat |
| SizeExterior | 5000 Sqft |
| SizeInterior | 5000 Sqft |
| Type | Commercial Mix |
| UtilityWater | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Sewer | No Sewage System |
| SizeDepth | 127 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 127 |
| SizeTotalText | 50 X 127|under 1/2 Acre |
| ZoningDescription | C5 |
https://www.realtor.ca/real-estate/26941907/570-upper-wellington-street-hamilton
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 25 2024 02:06:30
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Golfi Realty Inc.