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749a Barton Street E Hamilton, Ontario L8L 3A9

8400 sqft
None Hot Water Radiator Heat

$2,495,000

Looking for a great investment property w/ excellent cash flow? With respectful tenants w/ active leases and rental application forms. In the increasingly desirable Gibson/Stipley hub! Walking distance to Tim Hortons Field Stadium. This hands-on owner is retiring, after spending over $148,000 in improvements since 2013. So come take a look at this large 8,400 sq. ft residential/commercial apartment building. It has 8 units; 3 large 2-bedrm, 2 junior 1-bedrm, 2 bachelors apt and a 4,200 square ft commercial ground flr unit that has been leased since 2014 by only two merchants. The building improvements are as follows: Sept 2013 new 30 years+ roof w/ 20-year warr, covering materials and labour transferable to Buyer, Sept. 2013 a new 14-channel surveillance camera system, Feb. 2016 hot water tanks(owned), Sept 2016 new 400-amp service installed. Only 2 units dont have their own electrical meters but can be done easily. Oct 2014 upgraded radiator heaters w/ automatic bleeders & temperature control on and off levers. Aug 2017 installed 8 new dome skylights. Feb 2020 installed new boiler. May 2021 upgraded fire & safety retrofit including new hard wired smoke alarms, running man exit signs, new & upgraded emergency lighting, upgraded pull stations & fire extinguishers. March 2013 to 2022 new flooring in 6 units among other things. Steps to General Hospital, schools, shopping, bus route, and close to highway access. Profit & Loss available in supplements. All sizes are approx. (id:34868)

Property Details

MLS® Number H4135965
Property Type Other
Amenities Near By Public Transit, Recreation
Community Features Community Centre

Building

Appliances Dryer, Refrigerator, Stove, Washer & Dryer
Cooling Type None
Fire Protection Fire Alarm System, Smoke Detectors
Heating Type Hot Water Radiator Heat
Size Exterior 8400 Sqft
Size Interior 8400 Sqft
Utility Water Municipal Water

Parking

No Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit, Recreation
Sewer Sanitary Sewer, Storm Sewer
Size Depth 120 Ft
Size Frontage 35 Ft
Size Irregular 35.01 X 120
Size Total Text 35.01 X 120
Zoning Description H

https://www.realtor.ca/real-estate/24441668/749a-barton-street-e-hamilton

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Rick Pritchard
Broker

519-878-1381

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499

Janelle Pritchard
Sales Representative

-

519-902-1757

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499

Denise Mann
Sales Representative

-

519-691-5635
https://onesmartmove.ca

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499

Phillip Hallman
Broker

-

519-709-8903
https://onesmartmove.ca/

Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B

519-381-3499