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Licensed 10 Room Lodging/Rooming House + 1 commercial unit. Fully occupied. High Demand from City of Hamilton that can not be met. Upside would be to add meal services to increase revenue and profits. 2,661 square feet + 2,181 square foot basement. Total: 4,842 usable sf. Located beside proposed redevelopment site / proposed Hamilton Light Rail Hub. Attractive VTB 1st mortgage financing available at attractive rates OAC with minimum 15% down. Major internal renovation of kitchen and lower bathroom area. Automatic rent deposits of some tenants from government sponsored programs. Note rooming houses do not fall under the The Tenant Protection Act. A major benefit. (id:10452)
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|Days On Our Website||23|
|Basement||Finished - Full (Finished)|
|Lot Dimensions||43.41 x 100|under 1/2 acre|
|Air Conditioning||Central air conditioning|
|Heating||Natural gas - Forced air|
|Parking Type||No Garage,No Garage|
|Sewers||Municipal sewage system|
|Water||Community Water System, Municipal water|
Listing Office: Cirrius Realty Inc.
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