289-293 Kenilworth Avenue N, Hamilton, Ontario

About 289-293 Kenilworth Avenue N

Incredible low-maintenance investment offered at a massive 6.8% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return! (id:6289)

More Info on this 201 - Crown Point Residential Commercial Mix MLS® listing

289-293 Kenilworth Avenue N is a residential commercial mix listing for sale in Hamilton. The MLS® number is 40872441. It covers 4,200 square feet. It's currently listed for $1,598,000. For more details on MLS® 40872441, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in 201 - Crown Point is available now!

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