43 CROOKS STREET, Hamilton, Ontario, L8R 2Z7

$1,175,000

MLS® # X9038471

Investment For Sale In Strathcona, Hamilton, Ontario

$1,175,000

Property Information:

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. Dont miss out on this exceptional investment opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding, Brick
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 3
  • Amenities Nearby: Marina, Park, Public Transit, Schools
  • Features: Carpet Free
  • Fence Type: Fenced yard
  • Irregular: Yes
  • Lot Depth: 109.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 109 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 10

Rooms:

  • Kitchen 2nd Level 3.02 m x 2.51 m
  • 3rd Bedroom 2nd Level 4.98 m x 3.35 m
  • Bathroom 2nd Level 3.02 m x 1.70 m
  • 4th Bedroom Basement Level 2.67 m x 4.50 m
  • 5th Bedroom Basement Level 2.24 m x 5.97 m
  • Bathroom Basement Level 1.50 m x 3.53 m
  • Kitchen Basement Level 2.69 m x 4.85 m
  • Kitchen Main Level 2.97 m x 4.29 m
  • Family Main Level 4.01 m x 4.42 m
  • Primary Bedroom Main Level 4.29 m x 2.87 m
  • 2nd Bedroom Main Level 3.66 m x 4.50 m
  • Bathroom Main Level 1.88 m x 2.97 m

Courtesy of: RE/MAX ABOUTOWNE REALTY CORP.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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