Investment Commercial Building for Sale

MLS# H4113469 Price: $2,500,000




Property Description

Clean and well managed 9 unit apartment building in prime Hamilton Mountain location. Unit Mix: 6-2 Bedroom Units, 2-1 Bedroom Units, 1 Bachelor. 9 Surface parking spaces. Net Income $83,643.21 and CAP Rate of 3.35%. Boiler replaced in 2011. Low Vacancy. No in person viewings until accepted offer in place. Proforma Available.

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What's your Walk Score? 44 Car-Dependent

What's your Transit Score? 50 Good Transit

Property Details: 1254 FENNELL Avenue E (near PRINCETON DR )
Listing# 43413


Location

Address 1254 FENNELL Avenue E
City Hamilton
Cross Streets PRINCETON DR
District Hamilton Mountain (25)
Neighbourhood Huntington (253)
Listing Agent Alexandra Borondy

Description

Sub Type Investment Price $ 2,500,000
Lease Rate Per For Sale Location Hamilton
Heating Hot Water Square Footage 0

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.