43 CROOKS Street Sold Invalid date

Hamilton, Strathcona, L8R 2Z7

$1,175,000$000000

Description

Listed by RE/MAX Aboutowne Realty Corp., Brokerage.

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!

Location

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  • Address: 43 CROOKS Street
  • Neighborhood: Strathcona
  • City: Hamilton
  • State: Ontario
  • Postal Code: L8R 2Z7

Property Details

  • Property ID: X10403326
  • Property Price: $1,175,000
  • Style: Investment
  • Bath: 2
  • Garage: Detached
  • Parking Spaces: 8
  • Year Built: 51-99
  • A/C: Central Air
  • Basement: Y
  • Heating: Forced Air
  • Taxes: $4,383.27 (2022)
  • Lot: 109.00x50.00 (Feet)
  • Heat Incl.: 2796
  • Hydro Incl.: 2820

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100