Property Details

Description

 Price: $ 999,000.00 MLS®: X13144182         Location : 43 Crooks Street, Hamilton, ON L8R 2Z7

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!

Location Description

York Blvd & Crooks St.

Property Details
  • Community: Strathcona
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 5
  • Bath: 3
  • Garages: Detached
Building Features
  • Foundation Type: Concrete
  • Construction Material: Aluminum Siding-Brick
  • Total Parking Space: 10
Features
  • Heating: Forced Air Gas
  • Sewer: Sewer ,

Listing Contracted With: RE/MAX ABOUTOWNE REALTY CORP.

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