$1,150,000

House For Sale In Beasley, Hamilton, Ontario

$1,150,000
  • 4

    Bedrooms

  • 4

    Baths

  • Yes

    Garage

Property Information:

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 sqft 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 away from the vibrant Art Crawl, trendy shops and the West Harbour redevelopment, making it a highly desirable asset for investors or entrepreneurs. Vendor Take-Back (VTB) financing is available, offering added flexibility for buyer. Don't miss this opportunity to own a well-maintained, income-generating property in one of Hamilton's most exciting neighbourhoods!

Exclusions : Tenant Belongings

Property Features:

  • Bedrooms: 4
  • Bathrooms: 4
  • Annual Tax Amount: $7,743
  • Approximate Age: 100+
  • Architectural Style: 2-Storey
  • Basement: Other
  • Construction Materials: Brick
  • Cooling: None
  • Floor Space (approx): 3000-3500 Square Feet
  • Foundation Details: Unknown
  • Garage Type: None
  • Heat Type: Forced Air
  • Interior Features: None
  • Lot Depth: 90 Feet
  • Lot Frontage: 18 Feet
  • Lot Shape: Rectangular
  • Lot Size Range Acres: < .50
  • Parking Features: None
  • Pool Features: None
  • Property Features: Hospital, Public Transit
  • Roof: Asphalt Shingle
  • Heat Source: Gas
  • Water: Municipal
  • Sewer: Sewer

Courtesy of: Royal LePage State Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved