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For Sale

43 Crooks Street, Hamilton, ON L8R 2Z7

Strathcona · Hamilton · ON · L8R 2Z7

$999,000
$666/sqft
5 beds3 baths1,500–2,000 sqft10 parkingMultiplex

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43 Crooks Street, Hamilton, ON L8R 2Z7Request a viewing

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 Type
Multiplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Square Feet
1,500–2,000
Year Built
Parking
10
Basement
Finished, Separate Entrance
Taxes
$6,468/yr
Market insight: Homes in Strathcona have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →