$1,175,000 FOR SALE

Triplex

Bedrooms: 5Bathrooms: 2Lot: 50 x 109 ft

43 Crooks Street
Hamilton, ON L8R 2Z7

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! (id:47423)

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Listed By RE/MAX Aboutowne Realty Corp., Brokerage
Data Provided By The Oakville, Milton & District Real Estate Board
MLS® Listing Number 40619354
Last Updated Jul 15, 2024
Property Summary
Property Type Triplex

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Price History
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Detailed Information
Bedrooms 5
Bathrooms 2
Lot 50 x 109 ft
Amenities Nearby Marina, Park, Public Transit
Features Sump Pump
Listing Contract Date 2024-07-15
Location Description York Blvd & Crooks St.
Ownership Type Freehold
# of Parking Spaces 10
Property Type Multi-family
Transaction Type For sale
Zoning Description D
Building
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 2
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size under 1/2 acre
Amenities Marina, Park, Public Transit
Sewer Municipal sewage system

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