Salehian.com 647-325-5000

574 UPPER JAMES Street

Mountview, Hamilton, L9C2Y6

Listed by Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

$3,495,000

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  • 20 parking
  • 5500 sq ft

Listed 77 days ago · MLS® 40853371

About this home

Rare opportunity to own this remarkable investment opportunity in an ultra-convenient Hamilton Mountain location with tremendous street presence and visibility. Easy access to hospitals, downtown, and the LINC. This standalone medical building comes with 13 parking spaces as well as 7 additional city parking passes and is fully tenanted. With an Annual Net Operating Income of $208,450 this property offers a Capitalization rate of 6.1% at asking. Whether you are an investor, or a medical professional looking to owner-occupy, this turnkey opportunity presents a lucrative income-generating opportunity in a superb location with plenty of upside. (id:66966)

Details

Type
Office
Size
5500 sq ft
Basement
Full
Property tax
$27,000
Neighbourhood
Mountview
Municipality
Hamilton

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Municipal sewage system
Utilities
Electricity, Telephone

Building and exterior

Building area
5,500 square feet

Parking

Total parking
20

Location

Location is approximate. See nearby homes on the map

Listed by Chestnut Park Realty Southwestern Ontario Ltd., Brokerage.

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