43 CROOKS Street

Hamilton, Ontario L8R2Z7

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$929,000

1,746.98 sqft

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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! (id:54619)

General Info

Basement: Full (Finished)

Building Type: House

Total Stories: 2

Amenities Nearby: Marina, Park, Public Transit

Parking: Detached Garage

Rooms

Second level: 4pc Bathroom; Measurements not available

: Living room; 16'4'' x 12'6''

: Primary Bedroom; 16'4'' x 11'1''

: Breakfast; Measurements not available

: Kitchen; 9'11'' x 8'3''

Basement: 4pc Bathroom; Measurements not available

: Primary Bedroom; 14'9'' x 8'9''

: Living room; 12'3'' x 12'5''

: Kitchen; 15'11'' x 8'10''

Main level: 3pc Bathroom; Measurements not available

: Bedroom; 14'9'' x 12'0''

: Family room; 14'6'' x 13'2''

: Dining room; 10'9'' x 6'0''

: Kitchen; 14'1'' x 9'9''

: Primary Bedroom; 14'1'' x 9'5''

Other Details 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! (id:54619)