43 Crooks Street Hamilton, Ontario L8R 2Z7

$999,000

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: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, 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:19593)

Property Details

MLS® Number	40824584
Property Type	Multi-family
Amenities Near By	Marina, Park, Public Transit
Features	Sump Pump
Parking Space Total	10

Building

Bathroom Total	3
Bedrooms Total	5
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
Size Interior	1,747 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

Detached Garage

Land

Acreage	No
Land Amenities	Marina, Park, Public Transit
Sewer	Municipal Sewage System
Size Depth	109 Ft
Size Frontage	50 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	D

https://www.realtor.ca/real-estate/29770204/43-crooks-street-hamilton