$1,125,000
Available - For Sale
Listing ID: X11933956
43 CROOKS St , Hamilton, L8R 2Z7, Ontario
| 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 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, 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! |
| Price | $1,125,000 |
| Taxes: | $5012.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 43 CROOKS St , Hamilton, L8R 2Z7, Ontario |
| Postal Code: | L8R 2Z7 |
| Province/State: | Ontario |
| Legal Description: | LT 16, PL 284; HAMILTON |
| Lot Size: | 50.00 x 109.00 (Feet) |
| Directions/Cross Streets: | York Blvd & Crooks St. |
| Category: | Accommodation |
| Building Percentage: | Y |
| Total Area: | 1747.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 51-99 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ABOUTOWNE REALTY CORP. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Strathcona |
| Lot Size: | 50.00 x 109.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $5,012 |
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