$929,000

House For Sale In Strathcona, Hamilton, Ontario

$929,000
  • 4

    Bedrooms

  • 3

    Baths

  • 10

    Parking Spaces

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. Don't miss out on this exceptional investment opportunity! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Multi-level
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Construction Style - Split Level: Split level
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 1747 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+1
  • Bathrooms: 3
  • Amenities Nearby: Marina, Park, Public Transit
  • Features: Sump Pump
  • Floor Space (approx): 1747 Square Feet
  • Lot Depth: 109 Feet
  • Lot Frontage: 50 Feet
  • Zoning: D
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 10

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Living 2nd Level 16'4'' x 12'6''
  • Primary Bedroom 2nd Level 16'4'' x 11'1''
  • Breakfast 2nd Level Measurements not available
  • Kitchen 2nd Level 9'11'' x 8'3''
  • Bathroom Basement Level Measurements not available
  • Primary Bedroom Basement Level 14'9'' x 8'9''
  • Living Basement Level 12'3'' x 12'5''
  • Kitchen Basement Level 15'11'' x 8'10''
  • Bathroom Main Level Measurements not available
  • Bedroom Main Level 14'9'' x 12'0''
  • Family Main Level 14'6'' x 13'2''
  • Dining Main Level 10'9'' x 6'0''
  • Kitchen Main Level 14'1'' x 9'9''
  • Primary Bedroom Main Level 14'1'' x 9'5''

Courtesy of: RE/MAX Aboutowne Realty Corp.

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

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