43 CROOKS STREET, Hamilton, Ontario, L8R 2Z7

$929,000

MLS® # X13827776

Investment For Sale In Strathcona, Hamilton, Ontario

$929,000

Property Information:

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. Ideally situated in Hamilton's desirable Strathcona neighbourhood, this property is conveniently located near restaurants, cafés, shopping, parks, and everyday amenities, with Dundurn Park, Locke Street, downtown Hamilton just minutes away, and Burlington Bay all within easy reach. Enjoy easy access to public transit and West Harbour GO Station, offering hourly GO train service with connections to Toronto and destinations along the Lakeshore West corridor. A fantastic location combining urban convenience, recreation, and commuter accessibility. Don't miss out on this exceptional investment opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 1500 - 2000 sqft Square Feet
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 3
  • Amenities Nearby: Marina, Park, Public Transit, Schools
  • Features: Carpet Free
  • Fence Type: Fenced yard
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 109 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 50 x 109 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 10

Rooms:

  • Bathroom 2nd Level 3.02 m x 1.70 m
  • 3rd Bedroom 2nd Level 4.98 m x 3.35 m
  • Kitchen 2nd Level 3.02 m x 2.51 m
  • Bathroom Basement Level 1.50 m x 3.53 m
  • 4th Bedroom Basement Level 2.67 m x 4.50 m
  • Kitchen Basement Level 2.69 m x 4.85 m
  • 5th Bedroom Basement Level 2.24 m x 5.97 m
  • Primary Bedroom Main Level 4.29 m x 2.87 m
  • Bathroom Main Level 1.88 m x 2.97 m
  • Kitchen Main Level 2.97 m x 4.29 m
  • 2nd Bedroom Main Level 3.66 m x 4.50 m
  • Family Main Level 4.01 m x 4.42 m

Courtesy of: RE/MAX ABOUTOWNE REALTY CORP.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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