43 CROOKS Street, Hamilton, ON L8R 2Z7

  • $1,175,000
43 CROOKS Street, Hamilton, ON L8R 2Z7
  • X10403326
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms
  • 1747
  • Sqft
Active For Sale
43 CROOKS Street, Hamilton, ON L8R 2Z7
43 CROOKS Street, Hamilton, ON L8R 2Z7
  • $1,175,000

Description

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 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, 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!

Details

MLS® Number
X10403326
Bedrooms
5
Bathrooms
2
Property Size
1747 Sqft
Updated on December 21, 2024 at 2:42 am

Additional details

  • Roof: Asphalt Rolled
  • Utilities: Unknown
  • Sewer: Sewer
  • Cooling: Central Air
  • County: Hamilton
  • Property Type: Commercial Sale
  • Pool: None
  • Parking: Private Double,Private,Other
  • Community Features: Public Transit,Park

Address

  • Address 43 CROOKS Street
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L8R 2Z7
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay