5 Bedroom
1747 sqft
Fully Air Conditioned
Other
$1,125,000
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 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! (id:50976)
Property Details
|
MLS® Number
|
X11933956 |
|
Property Type
|
Business |
|
Community Name
|
Strathcona |
|
Amenities Near By
|
Highway, Public Transit |
|
Parking Space Total
|
8 |
Building
|
Bedrooms Total
|
5 |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other |
|
Size Exterior
|
1747 Sqft |
|
Size Interior
|
1747 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway, Public Transit |
|
Size Depth
|
109 Ft |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
Bldg=50 X 109 Ft |
|
Size Total Text
|
Bldg=50 X 109 Ft |
|
Zoning Description
|
D |
https://www.realtor.ca/real-estate/27826431/43-crooks-street-hamilton-strathcona-strathcona
