289-293 Kenilworth Avenue N, Hamilton (Crown Point), Ontario

$1,598,000

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4,200

Square feet

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 Crown Point MLS® listing

289-293 Kenilworth Avenue N is a listing for sale in Hamilton (Crown Point). The MLS® number is X14125674. It covers 4,200 square feet. It's currently listed for $1,598,000. For more details on MLS® X14125674, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Crown Point is available now!

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Features of 289-293 Kenilworth Avenue N

Listing # X14125674
Price $1,598,000
Square Footage 4,200
Type Business

Community Information

Address 289-293 Kenilworth Avenue N
Area Crown Point
Subdivision Crown Point
City Hamilton (Crown Point)
Province Ontario
Postal Code L8H4S8

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 64.66 x 35 FT

Additional Information

Zoning C5a

Listing Details

OfficeCorcoran Horizon Realty

Listing Map

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