570 Upper Wellington Street Sold Invalid date

Hamilton, Centremount, L9A 3P9

$1,799,900$000000

Description

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC..

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.

Location

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  • Address: 570 Upper Wellington Street
  • Neighborhood: Centremount
  • City: Hamilton
  • State: Ontario
  • Postal Code: L9A 3P9

Property Details

  • Property ID: X8372572
  • Property Price: $1,799,900
  • Style: Investment, Apartment
  • Garage: Outside/Surface
  • Parking Spaces: 8
  • A/C: N
  • Basement: Y
  • Taxes: $9,472.00 (2023)
  • Lot: 127.00x50.00 (Feet)

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100