43 Crooks Street, Hamilton, L8R 2Z7
For Sale
$999,000 • 3 + 2 Bed • 3 Bath
Property Description
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!
Facts
| MLS # | X13144182 |
| County | Hamilton |
| Location | Strathcona |
| Type | Residential Freehold |
| Class | Multiplex |
| Style | 2-Storey |
| Approx. Age | 51-99 years |
| Basement | Finished; Separate Entrance |
| Heating | Gas, Forced Air |
| Parking | 10 x Detached Garage |
| Taxes | $6,468 |
| Possession | Flexible |
| Interior Features |
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