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 (id:51158)
MLS: X12022169 For sale : 598 UPPER JAMES STREET Mix use building , Great Investment opportunity with projected income of over 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 (id:51158)
| MLS® Number | X12022169 |
| Property Type | Retail |
| Community Name | Southam |
| Parking Space Total | 4 |
| Appliances | Dryer, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,004 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 133 Ft ,6 In |
| Size Frontage | 27 Ft |
| Size Irregular | 27 X 133.53 Ft |
| Size Total Text | 27 X 133.53 Ft |
| Zoning Description | C5a Mixed Use |
https://www.realtor.ca/real-estate/28031373/598-upper-james-street-hamilton-southam-southam
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