289-293 KENILWORTH Avenue N
Hamilton, ON L8H 4S8
Price
$1,598,000
Building Size
4,200 sq ft
MLS# X14125674 | Listed by Corcoran Horizon Realty
Business Details
Property Use
Retail
Commercial Space & Financials
Taxes (Annual)
$11,195
Industrial Specifications
Lot Size
64.66' × 35'
Structure
Freestanding
Property Description
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!
Price & Status History
Price history is locked
Location
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289-293 KENILWORTH Avenue N, Hamilton L8H 4S8
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Listing Courtesy of: Corcoran Horizon Realty
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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