570 Upper Wellington Street, in Hamilton, ON
This is an Other Listing with Surfaced parking.
570 Upper Wellington Street, in Hamilton
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:6289)
$1,799,900
570 Upper Wellington Street, Hamilton, Ontario
Essential Information
- MLS® #H4195164
- Price$1,799,900
- Price per Sqft360
- Bathrooms0.00
- Square Footage5,000
- Acres0.00
- TypeOther
- Days on Website111
Amenities
- Parking Spaces8
- ParkingSurfaced
Exterior
- Lot Description50 x 127|under 1/2 acre
Community Information
- Address570 Upper Wellington Street
- CityHamilton
- Postal CodeL9A3P9
Interior
- HeatingNo heat
- CoolingNone
Listing Details
- Listing OfficeRE/MAX Escarpment Golfi Realty Inc.