43 Crooks Street, Hamilton, ON, L8R 2Z7

$1,175,000

MLS® # 40619354

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. Don’t miss out on this exceptional investment opportunity!

Inclusions: None,Top Floor: Fridge, Stove, Washer, Dryer, Dishwasher, Exhaust Hood. Main Floor: Fridge, Stove, Washer, Dryer, Exhaust Hood. Basement: Fridge, Stove, Washer, Dryer. All Electric Light Fixtures (Elfs) & Window Coverings.

Exclusions : Tenants Possessions.

Building Features:

  • Floor Space: 1747 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished, Sump Pump
  • Construction Materials: Aluminum Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide, Private Drive Double Wide
  • Floor Space (approx): 1747 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 109 Feet
  • Lot Features: Rectangular, Marina, Park, Public Transit
  • Lot Frontage: 50.00 Feet
  • Parking Features: Detached Garage, Interlock
  • Roof: Asphalt
  • Water Source: Municipal
  • Zoning: D
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 10

Courtesy of: RE/MAX Aboutowne Realty Corp., Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos