551-553 Upper James St Hamilton ( Ontario, CA - L9C2Y5) Built

$1,195,000

Jim Pauls Real Estate Ltd.

Susan Pauls-Valerio Broker of Record Susan Pauls-Valerio Broker of Record 905-667-8877 (Office) 905-667-8878 (Fax) Request More Info

  • Type: Commercial
  • Style: Store With Apt/Office
  • Lot Size: 3600 sq. ft. 40ft x 75ft "40 ft X 75 ft"
  • Taxes: $8,222.13 (2018)
  • MLS ® #: X4436019

Description

Excellent Investment Solid Brick, Well Kept Corner Property On Busy Upper James St, Near Walmart Super Center, Mohawk College And Hwy Access. Consists Of 2 Commercial Units And 5 Residential Units. Gross Income Approx 84K/Year And Expenses Approx 19K/Year For Net Income Of Approx 65K/Year Giving 5.4% Cap Rate And Great Upscale Potential Income From Rooftop And Side Ad Sign. Its A Must For You Investment/Rent Portfolio

Highlights

  • Cooling: Air Conditioning
  • Heating: Baseboard
  • 5 Fridges. 5 Stoves
  • Freestanding
  • Industrial Area: 70 %, Office/Apt Area: 30 %, Retail Area: %
  • Sprinklers
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sanitary
Brokered and Advertised by : Sutton Group-admiral Realty Inc.
P2#1300203807
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