43 CROOKS STREET Active

Hamilton (strathcona),ON L8R2Z7

$ 1175000

5 Beds

3 Baths

1999 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,999 sqft

Price per Sqft $587

Subdivision Strathcona

MLS Listing ID X9038471

Bedrooms 5

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! (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Garage Yes

Fence Fenced yard

Waterfront No

View Y/N No

Building

Story 2

Sewer Sanitary sewer

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