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43 Crooks St, Hamilton, L8R 2Z7

43 Crooks St, Hamilton, L8R 2Z7

For Sale

$1,175,000 • 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: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity!

Facts

MLS # X9038471
Location Strathcona
Type Multiplex
Class Free
Area 2000-2500 ft2
Taxes (2023) $5,012
Approx. Age 51-99 years
Air Conditioning Central Air
Heating Gas, Forced Air
Parking 8 + 2 x Detached Garage

Location

Features

  • Air conditioning
  • Basement
  • Family Room
  • Fireplace/Stove

Rooms

# Room Length Width Description
1 Kitchen 2.97 4.29
2 Family 4.01 4.42
3 Prim Bdrm 4.29 2.87
4 2nd Br 3.66 4.5
5 Bathroom 1.88 2.97 3 Pc Bath
6 Kitchen 3.02 2.51
7 3rd Br 4.98 3.35
8 Bathroom 3.02 1.7 4 Pc Bath
9 Kitchen 2.69 4.85

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