About 43 Crooks Street
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! (id:36535)
Features of 43 Crooks Street
Listing # | 40619354 |
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Price | $1,175,000 |
Bedrooms | 5 |
Bathrooms | 2.00 |
Square Footage | 1,747 |
Acres | 0.00 |
Type | Multi-family |
Sub-Type | Freehold |
Community Information
Address | 43 Crooks Street |
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Subdivision | 101 - Strathcona Central North |
City | Hamilton |
Province | Ontario |
Postal Code | L8R2Z7 |
Amenities
Amenities | Marina, Park, Public Transit |
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Features | Sump Pump |
Parking Spaces | 10 |
Parking | Detached Garage |
# of Garages | 1 |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Natural gas Forced air |
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Cooling | Central air conditioning |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Exterior
Exterior | Aluminum siding, Brick |
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Foundation | Block |