43 Crooks Street Active

Hamilton,ON L8R 2Z7

$ 1125000

5 Beds

2 Baths

1747 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,747 sqft

Price per Sqft $643

MLS Listing ID 40691837

Bedrooms 5

Abv Grd Liv Area 1,747

Originating Board Hamilton - Burlington

Annual Tax Amount $5,012

Property Sub-Type Duplex Up/Down

Property Description

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 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, 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! Please see financial attachment attached on listing to see full breakdown

Location

Province ON

County Hamilton

Area 10 - Hamilton West

Zoning RES

Direction York Blvd & Crooks St.

Rooms

Basement Separate Entrance,Full,Finished,Sump Pump

Kitchen 0

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage,Garage Door Opener,Interlock

Garage Spaces 2.0

Roof Type Asphalt

Lot Frontage 50.0

Lot Depth 109.0

Garage Yes

Building

Lot Description Rectangular,Marina,Park,Public Transit

Faces York Blvd & Crooks St.

Story 2.5

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding,Brick

New Construction No

Schools

Elementary Schools Strathcona, Kanetskare

High Schools Westdale

Others

Senior Community No

Tax ID 171480085

Ownership Freehold/None

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