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43 CROOKS STREET, Hamilton, Ontario

$1,175,000

5 Beds
3 Baths

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! (id:23309)

Listing ID: X9038471
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	3.02 m x 2.51 m
Bedroom 3	Second level	4.98 m x 3.35 m
Bathroom	Second level	3.02 m x 1.7 m
Bedroom 4	Basement	2.67 m x 4.5 m
Bedroom 5	Basement	2.24 m x 5.97 m
Bathroom	Basement	1.5 m x 3.53 m
Kitchen	Basement	2.69 m x 4.85 m
Kitchen	Main level	2.97 m x 4.29 m
Family room	Main level	4.01 m x 4.42 m
Primary Bedroom	Main level	4.29 m x 2.87 m
Bedroom 2	Main level	3.66 m x 4.5 m
Bathroom	Main level	1.88 m x 2.97 m

Details

Amenities Nearby: Marina, Park, Public Transit, Schools
Features: Carpet Free
Parking Spaces: 10
Transaction: For sale

Building

Amenities: Separate Electricity Meters
Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Cooling: Central air conditioning
Exterior Finish: Aluminum siding, Brick
Fireplace Present: False
Foundation: Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1999.983 - 2499.9795 sqft
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Amenities: Marina, Park, Public Transit, Schools
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 50 ft
Size Irregular: 50 x 109 FT

Listing provided by RE/MAX ABOUTOWNE REALTY CORP.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 43 CROOKS STREET in Hamilton Ontario. It was last modified on October 31st, 2024. Contact Sharli Esson Gordon to schedule a viewing or to discover other Hamilton real estate for sale.

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