521 Barton Street E Hamilton, Ontario L8L 2Y9

6 Bedroom 2 Bathroom 1,500 - 2,000 sqft
Central Air Conditioning Forced Air

$805,000

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:56248)

Property Details

MLS® Number X13522496
Property Type Single Family
Community Name Gibson

Building

Bathroom Total 2
Bedrooms Above Ground 6
Bedrooms Total 6
Basement Development Unfinished
Basement Type N/a (unfinished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick Veneer
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 102 Ft
Size Frontage 26 Ft ,3 In
Size Irregular 26.3 X 102 Ft
Size Total Text 26.3 X 102 Ft

https://www.realtor.ca/real-estate/29989314/521-barton-street-e-hamilton-gibson-gibson

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