MLS# H4169635 Price: $1,278,888
WOW! Both new and experienced investors take note, this 3 unit property is a positive cash flow machine! Each unit has its own kitchen, full bathroom, laundry & 5 large bedrooms. The numbers speak for themselves and the units are currently leased for $147,600 a year. It is fully tenanted with long-term room rentals for reliable ongoing income. The property has an attached 1 car garage with 3 driveway spaces, and then in the rear a fenced-in parking lot adds another 8 or more spaces. This building has been well maintained by a very experienced landlord and is filled with great tenants. The seller is also offering to stay on and manage the property, including leasing to new tenants when necessary. For any out of town, or even local investor, this means you can be free of all the stress that being a landlord entails and just collect a large income while building equity. Situated right on a bustling main road, public transit and amenities are everywhere, making it easily accessible and a desirable location for tenants. This property is very unique and has tons to offer!
Property Details: 770 BARTON Street E (near Lottridge Street )
||770 BARTON Street E
||Hamilton Centre (20)
||Gibson / Stipley (200)
||Marty Birthelmer / Vincent Gratta
||Lease Rate Per
||Separate Hydro Meters
Room Details All dimensions are in square feet (sq ft).
Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.