43 Crooks Street,Hamilton, ON L8R 2Z7
Hamilton, ON L8R 2Z7
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: $2,500 Unit 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! Please see financial attachment attached on listing to see full breakdown
Details
| MLS# | 40691837 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 96 |
| Listing Provided By | RE/MAX Aboutowne Realty Corp. | Reem Daoud |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,747 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | RES |
Market Activity L8R 2Z7
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8R 2Z7 |
| Area | 10 Hamilton West |
| Subarea | 101 Strathcona Central North |
| Community Name | 101 Strathcona Central North |
| School District | Westdale |
| Elementary School | Strathcona, Kanetskare |
| Listing VS Median (in 101 Strathcona Central North) | |
Price: $1,125,000 low | high Med: $3,050 SqFt: 1,747 low | high Med: 2,028 $ / SqFt: $644 low | high Med: $2 On site: 96 low | high Med: 92.000000 | |