$1,175,000
Available - For Sale
Listing ID: X10403326
43 CROOKS St , Hamilton, L8R 2Z7, Ontario


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!
Price $1,175,000
Taxes: $4383.27
Assessment: $289850
Assessment Year: 2016
Occupancy by: Vacant
Address: 43 CROOKS St , Hamilton, L8R 2Z7, Ontario
Postal Code: L8R 2Z7
Province/State: Ontario
Legal Description: LT 16, PL 284; HAMILTON
Lot Size: 50.00 x 109.00 (Feet)
Directions/Cross Streets: York Blvd & Crooks St.
Total Area: 1747.00
Total Area Code:  Sq Ft
Area Influences: Park   Public Transit
Approximatly Age: 51-99
Insurance Expense: $2430
 Heat Expenses: $2796
 Hydro Expense:  $2820
Expenses Actual/Estimated: $Act
Washrooms: 2
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Aboutowne Realty Corp., Brokerage
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Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Strathcona
Style:
Lot Size: 50.00 x 109.00(Feet)
Approximate Age: 51-99
Tax: $4,383.27
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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