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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Paul Butler • RE/MAX Aboutowne Realty Corp.

$999,000

Est. payment - /mo

5 Beds

3 Baths

1,747 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,747 sqft

Price per Sqft $571

MLS Listing ID 40824584

Bedrooms 5

Abv Grd Liv Area 1,747

Annual Tax Amount $6,467

Property Sub-Type Multi-3 Unit

Source Cornerstone

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!

Location

Province ON

County Hamilton

Area 10 - Hamilton West

Zoning D

Direction York Blvd & Crooks St.

Rooms

Basement Separate Entrance, Full, Finished, Sump Pump

Kitchen 0

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage, Interlock

Garage Spaces 2.0

Roof Type Asphalt

Lot Frontage 50.0

Lot Depth 109.0

Garage Yes

Building

Lot Description Rectangular, Marina, Park, Public Transit

Faces York Blvd & Crooks St.

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding,Brick

New Construction No

Schools

Elementary Schools Strathcona, Kanetskare

High Schools Westdale

Others

Senior Community No

Tax ID 171480085

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

43 Crooks Street Hamilton, ON L8R 2Z7

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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43 Crooks Street