521 Barton Street E, Hamilton (Gibson), Ontario

About 521 Barton Street E

521 Barton Street E Hamilton is an investment property. Corner-lot duplex with a renovated 2-bedroom main-floor unit (re-renting at $1,800 + hydro) and a four-room upper unit sharing kitchen and bath. Two hydro meters. Unfinished basement with development potential. Growth opportunity: A corner-lot property with genuine value-add upside in addition to in-place income. The main-floor 2-bedroom unit is freshly renovated and stabilizing at $1,800 + hydro, while four month-to-month rooms above allow rents to be reset to market. The unfinished basement is counted as a sixth door and is currently vacant: finishing and leasing it adds a new income stream immediately, and the corner-lot position offers a further, longer-term path to add density and value. Net operating income: $44,158, Doors: 6 (5 occupied / 83%) Configuration: Renovated 2-bed main floor + 4-room upper unit + unfinished basement (6th door, vacant)Metering: Two hydro meters (id:6289)

More Info on this Gibson House MLS® listing

521 Barton Street E is a house listing for sale in Hamilton (Gibson). The MLS® number is X13522496. It features 6 bedrooms, 2 bathrooms. It's currently listed for $699,000. For more details on MLS® X13522496, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Gibson is available now!

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