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$1,238,888
Est. payment /mo
3 Baths
2,320 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,320 sqft
Price per Sqft $534
Subdivision Gibson
MLS Listing ID X12190240
Building Age 51-99
Annual Tax Amount $4,108
Tax Year 2025
Property Sub-Type Investment
Property Description
ncredible Investment Opportunity in this recently renovated income property currently used as a 15 Room Fully Occupied rental. 3 Kitchens, 3 Bathrooms, 3 Laundry Facilities. Incredible Cap Rate & Flexible Close; NET over $75,000 Annually. Zoned C2;Mixed us for both Commercial & Residential so can be converted easily back into a full store front; Easily able to have variance done for C5 as it is surrounded by C5 properties. Confirmed can build UP & OUT. Set up to quickly switch to large triplex if desired with no renovations needed. Presently fully occupied with rents paid in full. Property well maintained and large parking areas on side of building & in rear. Recent renovations include: New Furnace last month, new ceramic tiling, new drywall, new kitchen, new washroom, new flooring, Basement renovated ! Quick close available. (2 A/C Units on Central Air & Furnace Owned)
Location
Province ON
County Hamilton
Community Gibson
Area Hamilton
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 47.0
Lot Depth 105.0
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Listed by REVEL REALTY INC.