$1,349,950

144 Wellington Street N

Hamilton ON, L8R 1N3

Description

Dont miss this Incredible Investment Property!! COMPLETELY LEASED TURN KEY PROPERTY NEXT TO SHOPPER DRUG MART, ALL MAJOR HOSPITALS WITHIN WALKING DISTANCE, GO/ TRAIN 1 min away. This 3 UNIT CONDO STYLE PROPERTY IS A modern-urban 3 story building Located downtown Hamilton, FULLY maintained this property features a main floor 995 sq ft commercial/Live space with 2 pc washroom currently rented as a barber shop and FULLY PID DURING COVID. The residential portion consists of a Second & Third unit BOTH approx 900 sq ft each. All tenants have their own entrances with no common facility to worry about. All leases are NNN with hydro, & gas separately metered for any owners convenience!! Current gross rental income $68,520. All tenants credit pre-qualified and employed. APPROVED CITY TAX GRANT will have 100% tax savings in year 1 80% year 2 60% year 3 40% year 4 20% year 5 ALL TAX PROGRAMS ARE TRANSFERABLE 1 time to new buyers. Attached as Schedule B & Form 801. 48 Hours Irrevocable Offers. Allow minimum of 24 hrs notice for showings for tenant notice.

Details

MLS#H4098253
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site2

Features

SQ Feet2,663
Building(s)1
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Area Information
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8R 1N3
AreaHamilton
Listing VS Median (in L8R 1N3)
Price:
$1,349,950
low | high
Med:
$1,349,950
50% of Average
SqFt:
2,663
low | high
Med:
2,663
50% of Average
$ / SqFt:
$507
low | high
Med:
$507
50% of Average
On Site:
2
low | high
Med:
2
100% of Average
Listing Updated: February 23, 2021 8:02:17 PM PST
Ken Ahrari LogoMLS Number: H4098253
Listing Provided By:
Ken Ahrari  of  Right At Home Realty Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.