43 CROOKS STREET

Hamilton (Strathcona), Ontario, L8R2Z7, Canada

$1,175,000

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 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. Don’t miss out on this exceptional investment opportunity!

EXTRAS: Sump Pump

Last updated on : Wednesday 11th of December 2024 10:35:25 AM

ADDRESS

Street : 43 CROOKS STREET

City : Hamilton (Strathcona)

Province : Ontario

Country : Canada

Postal Code : L8R2Z7

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PROPERTY SUMMARY

Property ID : X10403326

Property Type : Business

Bedrooms : 5

Bathrooms : 2

Parking : 10

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