43 Crooks Street, Hamilton
43 Crooks Street in Hamilton - 5 bedroom, 3 bathroom. Listed at $929,000.
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!
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 1750 sqft
- Basement: Finished
- Heating: Gas
- Cooling: Central Air
- Parking: 10 spaces
- Property Taxes: $6,586/yr
- Neighbourhood: Strathcona
- Postal Code: L8R 2Z7
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