521 Barton Street E

- $805,000

Gibson, Hamilton, L8L2Y9
MLS ® X13522496

521 Barton Street E Hamilton is an investment property. Corner-lot duplex with a renovated 2-bedroom main-floor unit (re-renting at $1,800 + hydro) and a four-room upper unit sharing kitchen and bath. Two hydro meters. Unfinished basement with development potential. Growth opportunity: A corner-lot property with genuine value-add upside in addition to in-place income. The main-floor 2-bedroom unit is freshly renovated and stabilizing at $1,800 + hydro, while four month-to-month rooms above allow rents to be reset to market. The unfinished basement is counted as a sixth door and is currently vacant: finishing and leasing it adds a new income stream immediately, and the corner-lot position offers a further, longer-term path to add density and value. Net operating income: $44,158, Doors: 6 (5 occupied / 83%) Configuration: Renovated 2-bed main floor + 4-room upper unit + unfinished basement (6th door, vacant)Metering: Two hydro meters (id:38551)

Location

Details

521 Barton Street E, Gibson, , Hamilton

  • Land
    26.3 x 102 FT
  • Bedrooms

    Above Grade: 6

    6
  • Bathrooms
    2
  • Parking

    No Garage

    0

Rooms

521 Barton Street E, Gibson, , Hamilton