Exceptional Turn-Key Investment Opportunity in Hamilton. Welcome to 897 Barton Street East, purpose-built 7-plex generating strong, consistent income. This well-maintained property features six one-bedroom units and one two-bedroom unit, with a current monthly gross income of $9,463.72 and potential to reach $10,550. With projected valuation at $1,780,000, this asset offers investors an attractive return and long-term upside. The building is home to reliable, long-term tenants and has been carefully managed to minimize expenses—there is no rented equipment on site. Located in a high-demand area close to shopping, transit, GO Station, hospitals, and key city amenities, the property benefits from strong rental demand and a low vacancy history. Whether you're expanding your portfolio or seeking a stable income-producing asset in a rapidly growing market, 897 Barton Street East is a smart, turn-key acquisition in the heart of Hamilton’s urban revival. (id:41954)
| MLS® Number | 40756574 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit, Shopping |
| Features | Southern Exposure |
| Parking Space Total | 6 |
| Bathroom Total | 7 |
| Bedrooms Total | 8 |
| Basement Type | None |
| Constructed Date | 2004 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3600 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 110 Ft |
| Size Frontage | 45 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | 471-retail/office W Residential Units |
https://www.realtor.ca/real-estate/28683259/897-barton-street-e-hamilton
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