$1,125,000
43 CROOKS Street, Hamilton, ON L8R 2Z7
Strathcona, Hamilton,
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TRREB.
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!
- HoldoverDays: 90
- Property Type: Commercial
- Property Sub Type: Investment
- GarageType: Double Detached
- Tax Year: 2024
- ParkingSpaces: 8
- Cooling: Yes
- HeatType: Gas Forced Air Open
- Building Area Total: 1747
- Building Area Units: Square Feet
- Parcel Number: 171480085
- LotSizeUnits: Feet
- LotDepth: 109
- LotWidth: 50
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