Overview:
Number of Suites: 16 Residential plus 8 Commercial
Description: Affordable, lucrative investment with immediate significant upside potential, in an A+ location!
6% CAP rate on in place income with potential near 8.5% CAP once other half of commercial is leased! Retail income accounts for only 15%.
Attractive Downtown Hamilton location approximately 1KM from Hamilton GO station
Newer roof (2014), Newer windows (2019), 15 of 16 suites modernized, tenants pay own hydro