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$1,150,000
Est. payment /mo
5 Baths
3,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $370
Subdivision 140 - Beasley
MLS® Listing ID 40756037
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property 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! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling None
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Royal LePage State Realty Inc.