Exceptional Turn-Key Investment Opportunity in Hamilton. Welcome to 897 Barton Street East, purpose-built 7-plex generating strong, consistent income. This well-maintained property features six one-bedroom units and one two-bedroom unit, with a current monthly gross income of $9,463.72 and potential to reach $10,550. With projected valuation at $1,780,000, this asset offers investors an attractive return and long-term upside. The building is home to reliable, long-term tenants and has been carefully managed to minimize expenses—there is no rented equipment on site. Located in a high-demand area close to shopping, transit, GO Station, hospitals, and key city amenities, the property benefits from strong rental demand and a low vacancy history. Whether you're expanding your portfolio or seeking a stable income-producing asset in a rapidly growing market, 897 Barton Street East is a smart, turn-key acquisition in the heart of Hamilton’s urban revival. (id:15069)
| MLS® Number | 40756574 |
| Property Type | Multi-family |
| Neigbourhood | Crown Point West |
| Amenities Near By | Hospital, Public Transit, Shopping |
| Features | Southern Exposure |
| Parking Space Total | 6 |
| Bathroom Total | 7 |
| Bedrooms Total | 8 |
| Basement Type | None |
| Constructed Date | 2004 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,600 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 110 Ft |
| Size Frontage | 45 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | 471-retail/office W Residential Units |
https://www.realtor.ca/real-estate/28683259/897-barton-street-e-hamilton
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)