43 Crooks Street Hamilton, Ontario L8R 2Z7
$1,125,000
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! (id:61445)
Property Details
| MLS® Number | X11933956 |
| Property Type | Business |
| Community Name | Strathcona |
| AmenitiesNearBy | Highway, Public Transit |
| ParkingSpaceTotal | 8 |
Building
| BedroomsTotal | 5 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 1747 Sqft |
| SizeInterior | 1747 Sqft |
| UtilityWater | Municipal Water |
Parking
| Garage |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 109 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | Bldg=50 X 109 Ft |
| SizeTotalText | Bldg=50 X 109 Ft |
| ZoningDescription | D |
https://www.realtor.ca/real-estate/27826431/43-crooks-street-hamilton-strathcona-strathcona
Interested?
Contact us for more information
Paul D Butler
Broker
1235 North Service Rd W #100d
Oakville, Ontario L6M 3G5
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January 28 2025 03:58:18
RE/MAX Aboutowne Realty Corp.
