937 Fennell Avenue E, Hamilton
937 Fennell Avenue E, Hamilton
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49 Photos
- Living area: 5920 square feet
- MLS®: h4193845
- Type: Commercial
- Added: 31 days ago
Property Details
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:1945)
Property Information
- Cooling: Air Conditioned
- Heating: Forced air
- List AOR: Hamilton-Burlington
- Tax Year: 2023
- Appliances: Washer, Refrigerator, Stove, Dryer
- Directions: URBAN
- Living Area: 5920
- Photos Count: 49
- Water Source: Municipal water
- Business Type: Other
- Parking Total: 6
- Parking Features: Surfaced
- Tax Annual Amount: 9815.31
- Building Area Total: 5920
- Lot Size Dimensions: 52 x 120
- Zoning Description: C2
- Number Of Units Total: 3
Features
- Other: Chattels Included, Inclusions: Residential Units; 2 fridges, 2 stoves, 1 microhood, 1 washer, 1 dryer, Exclusions: Tenants belongs, restaurant equipment, Freestanding
- Cooling: AC: Yes
- Heating: Gas Forced Air Open
- Lot Features: Urban
- Extra Features: Area Features: Public Transit
- Sewer/Water Systems: Water expenses: 965.25, Sewers: Sanitary & Storm Available
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