43 CROOKS Street

Hamilton, Ontario L8R2Z7

MLS # 40866104

$929,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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About this property

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: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, 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!

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Property taxes: about $549/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
4pc Bathroom	Basement	x
Primary Bedroom	Basement	8'9'' x 14'9''
Living room	Basement	12'5'' x 12'3''
Kitchen	Basement	8'10'' x 15'11''
4pc Bathroom	Second level	x
Living room	Second level	12'6'' x 16'4''
Primary Bedroom	Second level	11'1'' x 16'4''
Breakfast	Second level	x
Kitchen	Second level	8'3'' x 9'11''
3pc Bathroom	Main level	x
Bedroom	Main level	12'0'' x 14'9''
Family room	Main level	13'2'' x 14'6''
Dining room	Main level	6'0'' x 10'9''
Kitchen	Main level	9'9'' x 14'1''
Primary Bedroom	Main level	9'5'' x 14'1''