18 BARTON Street E, Hamilton, Ontario, L8L2V5

Property Description

18 Barton Street East - A prime investment in the heart of Hamilton. This unique mixed-use property offers four self-contained residential apartments plus a versatile main-floor commercial unit, providing strong income potential with room to grow. The four apartments, each with a kitchen and three-piece bath, are occupied by long-term tenants paying below-market rents-an excellent opportunity for future value appreciation. The main-floor commercial space offers approximately 900 sq.ft of bright, open space, while the freshly renovated basement adds potential for additional revenue. Originally built circa 1890, the property underwent a comprehensive renovation in 2018, including updated apartments and the removal of knob-and-tube wiring. Features include two 100-amp hydro services and a forced-air gas furnace (assumable contract). Ideally located just off James Street North, this property is steps from the vibrant Art Crawl, trendy shops, and the West Harbour redevelopment, making it a highly desirable asset for investors or entrepreneurs. Vendors Take-Back (VTB) financing is available, offering added flexibility for buyers. Don't miss this opportunity to own a well-maintained income-generating property in one of Hamilton's most exciting neighbourhoods! (id:64974)

Quick Facts

• Property Type: Fourplex (Freehold)
• Bedrooms: 0
• Bathrooms: 6
• Living Area: 3,100 sq ft (288.0 m²)
• Above Grade: 3,100 sq ft (288.0 m²)
• Ownership: Freehold
• Attached: Yes
• Frontage: 18 ft (5.5 m)

Costs

• Annual Taxes: $7,743.59

Listing Provided by: Royal LePage State Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.