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$ 1,125,000
Est. payment /mo
Active
43 CROOKS STREET Hamilton (strathcona), ON L8R2Z7
5 Beds
1,747 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,747 sqft
Price per Sqft $643
Subdivision Strathcona
MLS® Listing ID X11933956
Bedrooms 5
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 8
Private Pool No
Listed by RE/MAX ABOUTOWNE REALTY CORP.