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MLS® 40568924

  • Key Facts
  • Description
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Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $10,181
Lot Size 
Approx. Age 
MLS® Number 40568924

Property Address: 289-293 Kenilworth Ave N, Hamilton, ON, L8H4S8

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity located at one of the highest-traffic corners in the city! This fully-renovated, fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments, a strong anchor commercial tenant on the ground floor, and a brand new tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. Currently priced over a 6% cap rate, this property is capable of achieving a stronger cap rate with minimal effort in the short-term. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! With significant opportunity for upside as well, this is an excellent, low-maintenance investment with a strong returns and more upside to be realized!Show Description
MLS® Number40568924
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Starting Address
Destination Address
289-293 Kenilworth Ave N, Hamilton, ON

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