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:4069)
| Address |
43 CROOKS Street |
| List Price |
$1,175,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Triplex |
| Area |
Ontario |
| Sub-Area |
Hamilton |
| Bedrooms |
5 |
| Bathrooms |
2 |
| Floor Area |
1,747 Sq. Ft. |
| MLS® Number |
40619354 |
| Listing Brokerage |
RE/MAX Aboutowne Realty Corp., Brokerage
|
| Basement Area |
Full (Finished) |
| Postal Code |
L8R2Z7 |
| Zoning |
D |
| Site Influences |
Marina, Park, Public Transit |
| Features |
Sump Pump |
