ON > Hamilton
Hamilton, ON L8R 2Z7,43 Crooks ST
Hamilton, ON L8R 2Z7,43 Crooks ST
Hamilton, ON L8R 2Z7,43 Crooks ST
Hamilton, ON L8R 2Z7,43 Crooks ST
Hamilton, ON L8R 2Z7,43 Crooks ST
Hamilton, ON L8R 2Z7,43 Crooks ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,175,000
Est. payment | /mo

3 Beds

Save
$ 1,175,000
Est. payment | /mo
Save

3 Beds

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X9038471

Style 2-Storey

Bedrooms 3

Annual Tax Amount $5,012

Tax Year 2023

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. Dont miss out on this exceptional investment opportunity!

Location

Province ON

County Hamilton

Area Strathcona

Rooms

Family Room Yes

Basement Finished, Separate Entrance

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Carpet Free, Other, Separate Hydro Meter

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Private Double

Garage Spaces 8.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type Detached

Total Parking Spaces 10

Building

Unit Features Fenced Yard,Library,Marina,Park,Public Transit,School

Foundation Concrete

Listed by RE/MAX ABOUTOWNE REALTY CORP.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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43 Crooks ST