43 Crooks Street, Hamilton (Strathcona), Ontario L8R 2Z7 (27826431)
$1,125,000
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:54662)
Property Details
| MLS® Number | X11933956 |
| Property Type | Business |
| Neigbourhood | Strathcona |
| Community Name | Strathcona |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 8 |
Building
| Bedrooms Total | 5 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1747 Sqft |
| Size Interior | 1,747 Ft2 |
| Utility Water | Municipal Water |
Parking
| Garage |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 109 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | Bldg=50 X 109 Ft |
| Size Total Text | Bldg=50 X 109 Ft |
| Zoning Description | D |
Interested in 43 Crooks Street, Hamilton, Ontario L8R 2Z7?
Paul D Butler
Broker
(416) 276-3460
www.butler.ca/
1235 North Service Rd W #100d
Oakville, Ontario L6M 3G5
(905) 338-9000