About 43 Crooks Street
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!
Features of 43 Crooks Street
| MLS® # | X11933956 |
|---|---|
| Price | $1,125,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 43 Crooks Street |
|---|---|
| Area | Hamilton |
| Subdivision | Strathcona |
| City | Hamilton |
| Province | ON |
| Postal Code | L8R 2Z7 |
Amenities
| Parking Spaces | 8 |
|---|---|
| # of Garages | 0.00 |
| Garages | Double Detached |
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Open |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Additional Information
| Date Last Updated | May 18th, 2025 |
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Listing Details
| Office | RE/MAX ABOUTOWNE REALTY CORP. |
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