$ 1,175,000
43 Crooks ST Hamilton, ON L8R 2Z7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,175,000
Est. payment /mo
Active
43 Crooks ST Hamilton, ON L8R 2Z7
3 Beds
UPDATED:
07/15/2024 10:54 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X9038471
Style 2-Storey
Bedrooms 3
Annual Tax Amount $5,012
Tax Year 2023
Property 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 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. Dont miss out on this exceptional investment opportunity!
Location
Province ON
County Hamilton
Area Strathcona
Region Strathcona
City Region Strathcona
Rooms
Family Room Yes
Basement Finished, Separate Entrance
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Carpet Free, Other, Separate Hydro Meter
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Garage Spaces 8.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 10
Building
Unit Features Fenced Yard,Library,Marina,Park,Public Transit,School
Foundation Concrete
Listed by RE/MAX ABOUTOWNE REALTY CORP.
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