43 Crooks Street Hamilton, Ontario L8R 2Z7
5 Bedroom
2 Bathroom
1,747 ft2
Central Air Conditioning
Forced Air
$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 (id:48215)
Property Details
| MLS® Number | 40691837 |
| Property Type | Multi-family |
| Amenities Near By | Marina, Park, Public Transit |
| Features | Sump Pump |
| Parking Space Total | 10 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Appliances | Garage Door Opener |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,747 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Marina, Park, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 109 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Res |
https://www.realtor.ca/real-estate/27826086/43-crooks-street-hamilton
Reem Daoud
Salesperson
RE/MAX Aboutowne Realty Corp.
1235 North Service Rd. W. #2
Oakville, Ontario L6M 2W2
1235 North Service Rd. W. #2
Oakville, Ontario L6M 2W2
(905) 842-7000
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January 21 2025 06:06:26
REALTORS® Association of Hamilton-Burlington
RE/MAX Aboutowne Realty Corp.