43 CROOKS STREET, Hamilton (Strathcona)

$999,000

For sale: Multiplex

Property type

Multiplex

Bedrooms / bathrooms

5 bedrooms, 3 bathrooms

Living area

2,000 sqft

MLS®

MLS® X13144182

Neighbourhood

Strathcona

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!