Mix use building , Great Investment opportunity with projected income of over 5.5% Cap rate , consists of 1 Commercial unit on main floor and 2 residential apartments on 2nd floor. Commercial currently Leased to Vie Tea Café on a 5 year term , Residential units each consists of 2 bedrooms and 1 full bathroom , Both Residential units are vacant so you can pick your own tenants. both commercial and residential units have been extensively renovated within the past 2-3 years. Private parking at back of building
Address
598 Upper James Street
List Price
$999,800
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
sale
Area
Hamilton
Sub-Area
Southam
Lot Depth
133.53
Lot Type
Lot
Lot Size Units
Feet
Lot Width
27
MLS® Number
X12022169
Listing Brokerage
GRACE CANADA REALTY INC.
Postal Code
L9C 2Y8
Tax Amount
$7,250.00
Tax Year
2024
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No
Sewer
Sanitary
