144 Wellington Street N Hamilton, Ontario L8R 1N3
$1,349,950
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. (id:29438)
Business
| Business Type | Other |
Property Details
| MLS® Number | H4098253 |
| Property Type | Multi-family |
| Equipment Type | None |
| Parking Space Total | 5 |
| Rental Equipment Type | None |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Architectural Style | Multi-unit, Other |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Style Split Level | Other |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fireplace Present | No |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2663 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Size Depth | 80 Ft |
| Size Frontage | 34 Ft |
| Size Irregular | 35.03 Ft X 80.16 Ft X 34.56 Ft X 80.13 Ft |
| Size Total Text | 35.03 Ft X 80.16 Ft X 34.56 Ft X 80.13 Ft|under 1/2 Acre |
https://www.realtor.ca/real-estate/22842085/144-wellington-street-n-hamilton
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
REALTORS® Association of Hamilton-Burlington
Right At Home Realty Inc.
February 22 2021 07:08:46
