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Description

18 Barton Street East - A prime investment in the heart of Hamilton. This unique mixed-use property offers four self-contained residential apartments plus a versatile main-floor commercial unit, providing strong income potential with room to grow. The four apartments, each with a kitchen and three-piece bath, are occupied by long-term tenants paying below-market rents-an excellent opportunity for future value appreciation. The main-floor commercial space offers approximately 900 sq.ft of bright, open space, while the freshly renovated basement adds potential for additional revenue. Originally built circa 1890, the property underwent a comprehensive renovation in 2018, including updated apartments and the removal of knob-and-tube wiring. Features include two 100-amp hydro services and a forced-air gas furnace (assumable contract). Ideally located just off James Street North, this property is steps from the vibrant Art Crawl, trendy shops, and the West Harbour redevelopment, making it a highly desirable asset for investors or entrepreneurs. Vendors Take-Back (VTB) financing is available, offering added flexibility for buyers. Don't miss this opportunity to own a well-maintained income-generating property in one of Hamilton's most exciting neighbourhoods!

Location Description

James St. N. East on Barton St. E.

Property Detail

  • Community: Beasley
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 4
  • Bath: 4
  • Garages: None
  • Annual Property Taxes : $ 7743.59
  • sqft

Facts and Features

  • Foundation Type: Unknown
  • Counstruction Material : Brick-Wood
  • Total Parking Space : 0
  • Parking Type : None

Amenities

  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: ROYAL LEPAGE STATE REALTY

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