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For Sale
$999,000
MLS® 40824584
43 CROOKS Street
Hamilton, Ontario, L8R2Z7
- Beds / Baths
- 5 bed · 3 bath
- Interior
- 1,747 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Parking
- 10
- Ownership
- Freehold
Property facts
- Beds / Baths
- 5 bed · 3 bath
- Interior
- 1,747 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Parking
- 10
- Ownership
- Freehold
About this property
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:53361)