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43 Crooks Street Hamilton, Ontario L8R 2Z7

5 Bedroom 2 Bathroom 1747 sqft
Central Air Conditioning Forced Air

$1,175,000

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:56248)

Property Details

MLS® Number 40619354
Property Type Multi-family
Neigbourhood Strathcona
AmenitiesNearBy Marina, Park, Public Transit
Features Sump Pump
ParkingSpaceTotal 10

Building

BathroomTotal 2
BedroomsTotal 5
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding, Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1747 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Marina, Park, Public Transit
Sewer Municipal Sewage System
SizeDepth 109 Ft
SizeFrontage 50 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription D

https://www.realtor.ca/real-estate/27170197/43-crooks-street-hamilton

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