937 Fennell Avenue E Hamilton, Ontario L8V 1W9
$1,199,900
MULTI UNIT INVESTMENT PROPERTY WITH BIG VTB AVAILABLE!!! Solid updated triplex (one commercial unit and two residential units) with anchor restaurant tenant and solid lease until late 2027. Owner updated residential units and professionally upgraded successful commercial restaurant tenant. Both residential units are month to month with good returns. Interesting investment opportunity in that the seller is willing to hold a first VTB with only a minimum of 25% down for 2 yrs and a very business friendly 7% lending rate WITH NO EXTRA LENDER FEES!!!!! Seller is very interested in selling before the new Capital Gains regulations take effect so don't wait to act! Building has recently be fire retrofit upgraded and the properties one time Park Dedication fee applicable to 2024 taxes has been owner paid already. GREAT OPPORTUNITY TO INVEST IN AN EASY BLUE CHIP SAVINGS PLAN WITH BETTER FUTURE RETURNS. (id:49269)
Business
| Business Type | Other |
Property Details
| MLS® Number | H4193845 |
| Property Type | Other |
| Amenities Near By | Public Transit |
| Parking Space Total | 6 |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Cooling Type | Air Conditioned |
| Heating Type | Forced Air |
| Size Exterior | 5920 Sqft |
| Size Interior | 5920 Sqft |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 120 Ft |
| Size Frontage | 52 Ft |
| Size Irregular | 52 X 120 |
| Size Total Text | 52 X 120|under 1/2 Acre |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/26911224/937-fennell-avenue-e-hamilton
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June 28 2024 02:08:51
REALTORS® Association of Hamilton-Burlington
Coldwell Banker Flatt Realty Inc.