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43 CROOKS Street
Hamilton Ontario L8R2Z7 Canada

$1,175,000

Active Listing ID 40619354
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5 bed
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1,747 square feet
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2.00 Bath
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Multi-family

$1,175,000

Active Listing ID 40619354
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43 CROOKS Street 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick, Aluminum siding
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 7/15/2024 11:21:01 PM GMT
Source Updated Date: 11/27/2024 12:08:05 AM GMT

Courtesy of: Reem Daoud, Salesperson, RE/MAX Aboutowne Realty Corp., Brokerage