43 Crooks Street, Hamilton, ON L8R 2Z7
- $929,000
- 5
- BD
- 3
- BA
- 1,500
- SqFt
- List Price
- $929,000
- MLS#
- X13827776
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Hamilton
- Area
- Hamilton
- Neighborhood
- Strathcona
- Subdivision
- York Blvd & Crooks St.
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. Don't miss out on this exceptional investment opportunity!
Additional Information
- Taxes
- $6,586
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Rooms
- 10
- Family Room
- Yes
- Kitchens
- 3
- Exterior
- Aluminum Siding, Brick
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 10
- Parking Type
- Private Double
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Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP..