8 Bedroom
7 Bathroom
3,600 ft2
None
Forced Air
$1,450,000
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:47351)
Property Details
MLS® Number
|
40756574 |
Property Type
|
Multi-family |
Amenities Near By
|
Hospital, Public Transit, Shopping |
Features
|
Southern Exposure |
Parking Space Total
|
6 |
Building
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 |
Land
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