• 108 Cumberland Avenue
  • 108 Cumberland Avenue
  • 108 Cumberland Avenue
  • 108 Cumberland Avenue
108 Cumberland Avenue, Hamilton, Ontario, L8M1Z3
Property TypeOther Building Area2700

Generating net income over $42,500, this is an excellent investment property. Cap rate of 6.76% and cash on cash return of 9.63%. Many building updates, including recently renovated, two level, 3 (or 4) bedroom residential suite; a very easy to rent unit. Main floor commercial unit on long term triple net lease, renewal terms and an excellent customer base. Area is growing development and improving property values. Beside planned condo development project, densely populated residential neighbourhood, schools, public parks, and transportation. Excellent opportunity for almost maintenance free ownership; invest and watch the income flow in not out! Seller is motivated, call listing broker for more details. (id:12832)


Business
Business TypeRetail and Wholesale
Details
Parking Spaces0 TransactionFor sale
Zoning DescriptionC
Building
BasementNone CoolingNone
Size Interior2700.0000 Utility WaterMunicipal water
Land
Size Frontage40 ft SewerSanitary sewer, Storm sewer
Size Depth79 ft Size Irregular40.1 x 79.66

Listing Office: RE/MAX Escarpment Realty Inc.

Data Provided by REALTORS® Association of Hamilton-Burlington

Last Modified :12/02/2018 07:04:53 PM

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