Hamilton (strathcona), ON L8R2Z7,43 CROOKS STREET
Hamilton (strathcona), ON L8R2Z7,43 CROOKS STREET
Hamilton (strathcona), ON L8R2Z7,43 CROOKS STREET
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$1,125,000
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5 BD
1,747 SqFt
Active

43 CROOKS STREET Hamilton (strathcona), ON L8R2Z7

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Kevin Seitz And Brian Van Vliet

Kevin Seitz And Brian Van Vliet

Real Broker - Elite Living Team

+1(403) 850-0252

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,747 sqft

Price per Sqft $643

Subdivision Strathcona

MLS® Listing ID X11933956

Bedrooms 5

Originating Board Toronto Regional 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 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! (id:24570)

Location

Province ON

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 8

Private Pool No


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Listed by RE/MAX ABOUTOWNE REALTY CORP.

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Kevin Seitz And Brian Van Vliet

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43 CROOKS STREET