Property Detail

Description

 Price: $ 1,499,000.00 MLS®: X12534332         Location : 220 Caroline Street S, Hamilton, ON L8P 3L4

Incredible investment opportunity in the heart of Hamilton's desirable Durand North neighbourhood! This legal fourplex is ideally located near hospitals, public transit, and the city's trendiest shops, restaurants, and amenities. Generating strong gross monthly rents of $8,280, the property features four separately metered units, each with its own hydro meter and tankless hot water heater. Tenants pay their own heat, hydro, and water, offering a low-maintenance and cost-efficient ownership structure. A private driveway leads to a rear parking lot, providing convenient off-street parking for residents. As an added bonus, enjoy six months of free professional property management - making this a turnkey opportunity for investors seeking value and steady income.

Location Description

Robinson St

Property Details
  • Community: Durand
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 10
  • Bath: 5
  • Garages: None
Building Features
  • Foundation Type: Unknown
  • Construction Material: Brick
  • Total Parking Space: 4
Features
  • Heating: Forced Air Gas
  • Sewer: Sewer ,

Listing Contracted With: REAL BROKER ONTARIO LTD.

Profile

Neerajan Vijayakanthan

Realtor®