43 Crooks Street, Hamilton, Ontario L8R 2Z7

Listed for:
$1,125,000
5 beds
0 baths
Listed 72 days ago
43 Crooks Street, Hamilton, Ontario L8R 2Z7

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Learn more about this property
Listing provided by:
RE/MAX ABOUTOWNE REALTY CORP.
MLS® number:
X11933956
Agent:
Paul D Butler
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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! (id:27476)

Property Highlights

MLS® Number
X11933956
Type
Business
Community Name
Strathcona
Land Size
Bldg=50 x 109 FT
Parking Space Total
8

Building

Square Footage
1747 sqft
Bedrooms Total
5
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location