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Hamilton,ON L8R2Z7
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,747 sqft
Price per Sqft $672
Subdivision 101 - Strathcona Central North
MLS Listing ID 40619354
Bedrooms 5
Originating Board The Oakville, Milton & District Real Estate Board
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 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:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold