ONHamiltonHamilton220 Caroline Street
220 Caroline Street
Interior view
Interior view
32
Sold
Fourplex

220 Caroline Street

Hamilton, ON, L8P 3L4

Fourplex
Area
3000-3500 sq.ft
Bed
10
Bedrooms
Bath
5
Bathrooms
Parking
4
Single Garage
Sold

Property Description

Original Remarks

Incredible investment opportunity in the heart of Hamilton's desirable Durand North neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management - making this a turnkey opportunity for investors seeking value and steady income.

PROPERTY HISTORY

220 Caroline Street

Type:Fourplex
Style:2 1/2 Storey
Size Range:3000-3500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12534332
Community:Durand
Days on Market:-
Year Built:-
Age range:-
Basement:Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$11,003.95/yr (2024)
Municipality:Hamilton
Lot Size:40.00 x 99.00 Feet

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