Property Description for 570 Upper Wellington Street
Investment opportunity on Hamilton Mountain! This property features six well-maintained residential units & 1 commercial lease, all fully tenanted, ensuring immediate rental income. Additionally, the property includes a billboard lease, further enhancing the income potential. Impressive overall cap rate of 6.05%, this property promises substantial returns.The residential units offer a mix of layouts 2- 2 bedrooms, 3- 1 bedrooms & 1 Bachelor, catering to diverse tenant needs, and are situated in a desirable neighborhood with easy access to amenities, public transport, and major highways. 8 parking spots. Don't miss out on this exceptional opportunity to expand your portfolio with a property that combines stability, growth potential, and a prime location on Hamilton Mountain. (id:38686)
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Property Details
Property Tax
: $9,472 (2023)MLS® #
: H4195164
Property Features
Property Type
: CommercialSquare Footage
: 5,000 SQFT
Interior Features
Heating
: No heat
Utilities
Sewer
: No sewage system
Other
Parking Features
: Surfaced
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