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905-634-7755
Brooke Hicks Team, Royal LePage Burloak Real Estate Services
43 CROOKS Street, Hamilton, Ontario L8R2Z7
Listing courtesy of RE/MAX Aboutowne Realty Corp..
- $929,000
- 4
- BD
- 3
- BA
- 1,747
- SqFt
- List Price
- $929,000
- MLS®
- 40866104
- Days on Market
- 12
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,747
- Subdivision
- 101 - Strathcona Central North
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: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don't miss out on this exceptional investment opportunity! (id:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 101 - Strathcona Central North
- Parking Spaces
- 10
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Forced air, Natural gas
- Lot Features
- Sump Pump
- Architectural Style
- Multi-level
- Stories
- 2
