43 Crooks Street Hamilton, Ontario L8R 2Z7
$1,175,000
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 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. Don’t miss out on this exceptional investment opportunity! (id:50787)
Property Details
| MLS® Number | 40619354 |
| Property Type | Multi-family |
| Amenities Near By | Marina, Park, Public Transit |
| Features | Sump Pump |
| Parking Space Total | 10 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1747 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Marina, Park, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 109 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D |
https://www.realtor.ca/real-estate/27170197/43-crooks-street-hamilton
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July 15 2024 11:14:14
Oakville, Milton & District Real Estate Board
RE/MAX Aboutowne Realty Corp., Brokerage