220 CAROLINE STREET S, Hamilton (Durand), Ontario, CA

Address: 220 CAROLINE STREET S, Hamilton (Durand), Ontario

10 Beds5 Baths3000 sqftStatus: Buy
Price $1,499,000

Property Overview


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. (id:51532)

 

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Property Summary
Property Type
Multi-family
Building Type
Fourplex
Storeys
2.5
Square Footage
3000 - 3500 sqft
Community Name
Durand
Land Size
40 x 99 FT
Parking Type
No Garage
Building
Bedrooms
Above Grade
8
Below Grade
2
Bathrooms
Total
10
Partial
2
Interior Features
Appliances Included
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Type
N/A (Finished)
Building Features
Foundation Type
Unknown
Square Footage
3000 - 3500 sqft
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Public Transit, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
4
Land
Other Property Information
Zoning Description
DE-3
Features
           No Garage            Dishwasher            Dryer
           Stove            Washer            Refrigerator
           Central air conditioning
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Your Home Finance Calculation

Property Price CA $1,499,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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