188-190 CAROLINE Street S, Hamilton, Ontario, L8P3L2
MLS: 40816302 | Fourplex (Freehold)
$1,299,000
Property Description
Rare & lucrative investment opportunity in Hamilton's prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental income-a solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4 copper water line-a significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Joseph's Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architecture-an investment that truly checks all the boxes.
Quick Facts
- Property Type: Fourplex (Freehold)
- Bedrooms: 7
- Bathrooms: 5
- Living Area: 3,256 sq ft (302.5 m²)
- Above Grade: 3,256 sq ft (302.5 m²)
- Ownership: Freehold
- Attached: Yes
- Parking: 4.0 spaces (Open)
- Frontage: 39 ft (11.9 m)
Costs
- Annual Taxes: $7,785.13
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: None
Exterior & Construction
- Exterior: Brick
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 39 ft (11.9 m)
- Zoning: DE-3
Community & Neighbourhood
- Subdivision: 122 - Durand North
Listing Information
Listing History
MLS listing activity for 188-190 CAROLINE Street S, Hamilton, Ontario, L8P3L2 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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188-190 CAROLINE Street S, Hamilton, Ontario, L8P3L2