43 CROOKS Street

Hamilton, Ontario, L8R2Z7, Canada

$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! Please see financial attachment attached on listing to see full breakdown

EXTRAS: Sump Pump

Last updated on : Tuesday 21st of January 2025 01:06:26 PM

ADDRESS

Street : 43 CROOKS Street

City : Hamilton

Province : Ontario

Country : Canada

Postal Code : L8R2Z7

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PROPERTY SUMMARY

Property ID : 40691837

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 5

Bathrooms : 2

Parking : 10

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