43 CROOKS Street Hamilton

43 CROOKS Street, Hamilton, Ontario

$1,175,000

  • 5 Beds
  • 2 Baths
  • 1,747 Square Feet

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 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, 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:23309)

  • Listing ID: 40619354
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Marina, Park, Public Transit
  • Features: Sump Pump
  • Ownership: Freehold
  • Parking Spaces: 10
  • Transaction: For sale
  • Zoning Description: D

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Cooling: Central air conditioning
  • Exterior Finish: Aluminum siding, Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1747 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Marina, Park, Public Transit
  • Sewer: Municipal sewage system
  • Size Frontage: 50 ft
MLS®

Listing provided by RE/MAX Aboutowne Realty Corp., Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 43 CROOKS Street in Hamilton Ontario, was last modified on July 15th, 2024. Contact the Bonnie & Ken Rossiter Team to schedule a viewing or to find other properties for sale in Hamilton.

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