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$ 779,900

108 Cumberland Avenue, Hamilton, ON, L8M 1Z3

Listing ID# H3211686
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$ 779,900

  • 108 Cumberland Avenue
    Hamilton, ON L8M 1Z3
  • Listing ID H3211686
  • Building type: Other
  • Building Style: Multi-Level
  • Land size: 0.08 acres
  • Living space: 2700 sq ft
  • Status: For Sale/Active
  • Gas: Gas
  • Heating: Radiant

Property Description

Investment property generating approximately $45,400 NOI. A cap rate of 5.3%. Easy to manage. Main floor commercial least to 06/22 with renewal options and upper 2 storey residential unit with tenant to 05/31/18. Upper unit recently renovated. Tenants take care of utilities, some outside maintenance. Busy residential neighborhood with area developments in the works, this property is likely to increase in value. Retail variety store is always busy...tenancy seems secure. Upper residential unit has 4 bedrooms and will always be in demand. Contact Listing Broker for more information.




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