108 Cumberland Avenue, Hamilton, ON, L8M 1Z3Listing ID# H3211686
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.