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574 UPPER JAMES Street — photo 1 of 231 / 23

574 UPPER JAMES Street

Hamilton, Ontario, L9C2Y6

$3,495,000

Living area

5,500 square feet

Parking

20

About this property

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:66779)

Details

Sewer
Municipal sewage system
List aor
Cornerstone
Stories
2
Basement
Full
Utilities
Electricity, Telephone
Directions
Claremont Access to Upper James
Fireplace
No
Lot features
Visual exposure, Elevator, Passenger elevator
Water source
Municipal water
Structure type
Offices
Tax annual amount
27,000
Community features
High Traffic Area
Zoning description
C5

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