Realestate

Property Details

1 of 48
$929,000
43 Crooks Street, Hamilton, ON L8R 2Z7
3 + 2
3
1
MLS®X13827776
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Forced Air
Cooling
Central Air
Lot Size
109 x 50 Feet
Approx Age
51-99
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!
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