570 Upper Wellington St

Hamilton | Centremount | L9A 3P9
  • 5500.0 sqft
  • 0 gar

$1,799,900

Est. Mtg $6,103 /mo
  • Days on market

    44

  • Status

    A

Listing Broker RE/MAX ESCARPMENT GOLFI REALTY INC.
Since listed: 1 views

Home details

MLS #:

X8372572

Property type:
Investment
Style:
Taxes:
$9,472
Possession:
Flexible
Condo Fee:
Lot Size:
50.0 X 127.0
Zoning:
C5
Use:
Apts-6 To 12 Units
Heat:
None

Description


570 Upper Wellington St, , Hamilton, Ontario is a Investment property in Hamilton and in the Centremount community in the L9A 3P9 postal code


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..

Extras

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Payment calculator

$6892 monthly. In association with: TD Bank
%
  • Principal and Interest
    6103 /mo
  • Property Taxes
    $789 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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