43 CROOKS Street, Hamilton (Strathcona), Ontario L8R2Z7 is For Sale and has a listing price of 1,125,000. The property is located in the neighbourhood. It's been on the website for 32 Days.
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! (id:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
01/20/2025 | X11933956 | $1,125,000 | For Sale | - | - |
07/15/2024 | X9038471 | $1,175,000 | For Sale | - | - |
07/15/2024 | X10403326 | $1,175,000 | For Sale | - | - |