43 CROOKS STREET

Hamilton (Strathcona), 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!

Last updated on : Tuesday 21st of January 2025 01:37:33 PM

ADDRESS

Street : 43 CROOKS STREET

City : Hamilton (Strathcona)

Province : Ontario

Country : Canada

Postal Code : L8R2Z7

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PROPERTY SUMMARY

Property ID : X11933956

Property Type : Business

Bedrooms : 5

Parking : 8

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