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$ 929,000
Est. payment /mo
Active
43 CROOKS STREET Hamilton, ON L8R2Z7
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision Strathcona
MLS® Listing ID X13827776
Bedrooms 5
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. Ideally situated in Hamilton's desirable Strathcona neighbourhood, this property is conveniently located near restaurants, cafés, shopping, parks, and everyday amenities, with Dundurn Park, Locke Street, downtown Hamilton just minutes away, and Burlington Bay all within easy reach. Enjoy easy access to public transit and West Harbour GO Station, offering hourly GO train service with connections to Toronto and destinations along the Lakeshore West corridor. A fantastic location combining urban convenience, recreation, and commuter accessibility. Don't miss out on this exceptional investment opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 3.02 m X 1.7 m Bathroom
Extra Room 2 Second level 4.98 m X 3.35 m Bedroom 3
Extra Room 3 Second level 3.02 m X 2.51 m Kitchen
Extra Room 4 Basement 1.5 m X 3.53 m Bathroom
Extra Room 5 Basement 2.67 m X 4.5 m Bedroom 4
Extra Room 6 Basement 2.69 m X 4.85 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Fence Fenced yard
View Y/N No
Attached Garage No
Total Parking Spaces 10
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX ABOUTOWNE REALTY CORP.
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