REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,125,000
Est. payment /mo
Active
43 CROOKS Street Hamilton, ON L8R2Z7
5 Beds
2 Baths
1,747 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,747 sqft
Price per Sqft $643
Subdivision 101 - Strathcona Central North
MLS® Listing ID 40691837
Bedrooms 5
Originating Board Cornerstone - Hamilton-Burlington
Property Sub-Type Freehold
Property Description
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! Please see financial attachment attached on listing to see full breakdown (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Aboutowne Realty Corp.
GET MORE INFORMATION
QUICK SEARCH