43 Crooks Street Hamilton, Ontario L8R 2Z7

5 Bedroom 3 Bathroom 1,747 sqft
Central Air Conditioning Forced Air

$999,000

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: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, 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:62104)

Property Details

MLS® Number 40824584
Property Type Multi-family
Amenities Near By Marina, Park, Public Transit
Features Sump Pump
Parking Space Total 10

Building

Bathroom Total 3
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 1,747 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/29770204/43-crooks-street-hamilton

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