ONHamiltonHamilton43 Crooks Street
43 Crooks Street
Interior view
Interior view
48
New
Multiplex

43 Crooks Street

Hamilton, ON, L8R 2Z7

Residential Freehold
Area
1500-2000 sq.ft
Bed
5
Bedrooms
Bath
3
Bathrooms
Parking
10
Single Garage

Asking Price

$999,000

Property Description

Original Remarks

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!

PROPERTY HISTORY

43 Crooks Street

Type:Multiplex
Style:2-Storey
Size Range:1500-2000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X13144182
Community:Strathcona
Days on Market:-
Year Built:-
Age range:51-99
Basement:Finished, Separate Entrance
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$6,467.62/yr (2025)
Municipality:Hamilton
Lot Size:50.00 x 109.00 Feet

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