43 CROOKS Street, Hamilton, Ontario, L8R2Z7
MLS: 40824584 | Triplex (Freehold)
$999,000
Property 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: $2,300, 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!
Quick Facts
- Property Type: Triplex (Freehold)
- Bedrooms: 5
- Bathrooms: 3
- Living Area: 1,747 sq ft (162.3 m²)
- Above Grade: 1,747 sq ft (162.3 m²)
- Ownership: Freehold
- Attached: Yes
- Parking: 10.0 spaces (Detached Garage)
- Frontage: 50 ft (15.2 m)
- Basement: Finished, Full
Costs
- Annual Taxes: $6,467.62
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Finished, Full
Exterior & Construction
- Exterior: Brick, Aluminum siding
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.2 m)
- Features: Sump Pump
- Zoning: D
Community & Neighbourhood
- Subdivision: 101 - Strathcona Central North
Listing Information
Listing History
MLS listing activity for 43 CROOKS Street, Hamilton, Ontario, L8R2Z7 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No rental comparables found in this area.
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43 CROOKS Street, Hamilton, Ontario, L8R2Z7