Incredible Investment Opportunity in this recently renovated income property currently used as a 15 Room Fully Occupied rental. Incredible Cap Rate & Flexible Close; NET over 6000 monthly. Zoned C2; both Commercial & Residential so can be converted easily back into a store front; Easily able to have variance done for C5 as it is surrounded by C5 properties. Set up to quickly switch to large triplex if desired. Presently fully occupied with rents paid in full as a boarding home. Property well maintained and large parking in rear. Recent renovations include: new ceramic tiling, new drywall, new kitchen, new washroom, new flooring ! Easy to show and quick close available. 2 A/C Units on Central Air, Furnace Owned
Mls | 40676867 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1935 |
Days On Site | 24 |
Listing Provided By | Revel Realty Inc. | Sirrah Farrauto |
Beds | 15 |
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Sq Feet | 3,270 |
Garage | 1 |
Basement | Y |
Storys | 3 |
Units | 18 |
Zoning | C2 |
State | ON |
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County | Hamilton |
City | Hamilton |
Zip Code | L8L 3B1 |
Area | 20 Hamilton Centre |
Subarea | 200 Gibson | Stipley |
Community Name | 200 Gibson/Stipley |
Listing VS Median (in 200 Gibson/Stipley) | |
Price: $1,299,900 low | high Med: $539,900 SqFt: 3,270 low | high Med: 1,164 $ / SqFt: $398 low | high Med: $464 On Site: 24 low | high Med: 64.000000 |