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$ 1,499,000
Est. payment /mo
Price Dropped by $200K
220 CAROLINE Street S Hamilton, ON L8P3L4
11 Beds
8 Baths
4,236 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,236 sqft
Price per Sqft $353
Subdivision 122 - Durand North
MLS® Listing ID 40751960
Bedrooms 11
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
Incredible investment opportunity in the heart of Hamilton's desirable Durand 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://view.spiro.media/order/ed0722e1-ec7b-4022-a08d-08ddbece7426
Listed by Keller Williams Complete Realty
