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$1,125,000
Available - For Sale
Listing ID: X11933956
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!
Price $1,125,000
Taxes: $5,012
Tax Type: Annual
Occupancy by: Tenant
Address: 43 CROOKS St , Hamilton, L8R 2Z7, Ontario
Postal Code: L8R 2Z7
Province/State: Ontario
Legal Description: LT 16, PL 284; HAMILTON
Lot Size: 50 x 109 (Feet)
Directions/Cross Streets: York Blvd & Crooks St.
Zoning: D
Category: Accommodation
Building Percentage: Y
Total Area: 1,747
Total Area Code:  Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ABOUTOWNE REALTY CORP.

43 CROOKS St , Hamilton, L8R 2Z7, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Strathcona
Style:
Lot Size: 50.00 x 109.00(Feet)
Approximate Age: 51-99
Tax: $5,012
Maintenance Fee: $0
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