43 Crooks Street, Hamilton, Ontario L8R 2Z7

Listed for:
$1,125,000
5 beds
2 baths
Listed 71 days ago
Duplex for rent: 43 Crooks Street, Hamilton, Ontario L8R 2Z7

View all 38 photos

Learn more about this property
Listing provided by:
RE/MAX Aboutowne Realty Corp.
MLS® number:
40691837
Agent:
Reem Daoud
*Indicates required field
Name is required
Email is required

About

York Blvd & Crooks St. 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 (id:27476)

Property Highlights

MLS® Number
40691837
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
10

Building

Building Type
Duplex
Storeys
2.50
Square Footage
1747 sqft
Bathrooms Total
2
Bedrooms Total
5
Amenities
Marina, Park, Public Transit
Exterior Finish
Aluminum siding, Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location