Exceptional opportunity for investors or owner-operators to acquire a prime commercial property in a AAA location, steps from St. Josephs Hospital. This 3,900 sq. ft. building features 3 floors of medical office space and 4 floor comprising a residential unit with 2 bedroom apartment. Rear parking lot accommodates 14 vehicles, a rare advantage in the area. Currently generating a net operating income of $120,000 (6.5% cap rate) under a gross lease structure, with tenants willing to renew for an additional 5 years or vacate for owner occupancy. Immediate positive cash flow with strong long-term upside in one of Hamilton's most sought-after corridors. (id:52316)
Royal Lepage Real Estate Associates
$1,789,999
189 HUGHSON STREET S, Hamilton, Ontario
Property
MLS® Number: X12393008
Address: 189 HUGHSON STREET S
City: Hamilton
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
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Property Sale History
Travel and Neighbourhood
97/100Walk Score®
Walker's Paradise
Location
