43 Crooks Street For Sale

Hamilton, Strathcona, L8R 2Z7

$1,175,000

Description

Listed by RE/MAX ABOUTOWNE REALTY CORP..

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. Dont 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: X9038471
  • Property Price: $1,175,000
  • Style: Multiplex, 2-Storey
  • Sq/Ft: 2000-2500
  • Rooms: 7+3
  • Bedrooms: 3+2
  • Bath: 3
  • Garages Spaces: 2
  • Garage: Detached
  • Parking Spaces: 10
  • Year Built: 51-99
  • A/C: Central Air
  • Basement: Finished, Sep Entrance
  • Den: Y
  • Exterior: Alum Siding, Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $5,012.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 109.00x50.00 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in Strathcona

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Strathcona

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Strathcona

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

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

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