570 Upper Wellington Street, Hamilton, Ontario, L9A 3P9

$1,799,900

MLS® # H4195164

Commercial For Sale In Centremount, Hamilton, Ontario

$1,799,900

Property Information:

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:27)

Building Features:

  • Style: Mixed
  • Building Type: Commercial Mix
  • Heating Type: No heat
  • Cooling Type: None

Property Features:

  • Property Type: Other
  • Irregular: Yes
  • Lot Depth: 127.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 127
  • Zoning: C5
  • Sewer: No sewage system
  • Parking Type: Surfaced
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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