27 Grove St, Hamilton MLS Number: X11929544
Corktown, Hamilton, ON, L8N 1P4$829,900
Status: For Sale
- 2+1 Beds
- 3 Baths
- Property Type: Residential (Triplex)
- Property Taxes : $4129.34 (Tax Year:2024)
- Listing Courtesy : Revel Realty Inc.
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$829,900
Status: For Sale
Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, GO Station, mountain access & James Street amenities. Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro,Upper Unit: $1,900 + hydro, Lower Unit: $1,500 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20%down at a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features a new furnace, newer roof, luxuryvinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is completewith soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additionalprivate patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by singletenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today
Property Type | :Residential |
---|---|
MLS Number | :X11929544 |
Listing Type | :Sale |
Property Age | :100+ Years |
Possession Date | : |
Last Updated | :17 Jan, 2025 (32 Days ago) |
Source | :TRREB |
Area | :Hamilton |
---|---|
Postal Code | :
L8N 1P4
|
Price | : $829,900 |
---|---|
Property Taxes | :$4129.34 |
Tax Year | :2024 |
---|
Bedrooms | :2 + 1 |
---|---|
No. of Rooms | :7 |
Air Conditioning | :Window Unit |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :Wellington St S |
Bathrooms | :3 |
---|---|
Fuel | :Gas |
Exterior Finish | :Brick |
---|---|
Parking Space | :2 |
Basement | :Apartment |
Garage | :None |
---|---|
Park | :Park |
17 Jan, 2025
TREB #X11929544
Listed
$829,900
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