570 Upper Wellington Street

Hamilton

,

Ontario

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:6355)

Listing ID: H4195164 Transaction Type: For sale Bedrooms: Bathrooms: Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: 50 x 127|under 1/2 acre Land Size Irregular: 50 x 127 Building Size Interior: 5000 sqft Building Utility Water: Municipal water Building Heating Type: No heat Building Cooling Type: None Building Fixture: Land Sewer: No sewage system Storage Type: Courtesy Of: RE/MAX Escarpment Golfi Realty Inc. Basement:

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