551-553 Upper James St
- 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
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
Cooling: Air Conditioning
5 Fridges. 5 Stoves
Industrial Area: 70 %, Office/Apt Area: 30 %, Retail Area: %
Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sanitary
Brokered and Advertised by :
Sutton Group-admiral Realty Inc.
Information is deemed to be correct but not guaranteed. This information is not intended to solicit persons currently under contract.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.