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 for sale is located at 43 CROOKS Street in Hamilton Ontario. It was last modified on July 15th, 2024. Contact Robert Bumelis to schedule a viewing or to discover other Hamilton real estate for sale.

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