27 Grove St, Hamilton MLS Number: X9354370
Corktown, Hamilton, ON, L8N 1P4$879,900
Status: For Sale
- 2+1 Beds
- 3 Baths
- Property Type: Residential (Triplex)
- Property Taxes : $4129.34 (Tax Year:2024)
- Listing Courtesy : Revel Realty Inc.
Maximum 4 project can be compared at one go.
$879,900
Status: For Sale
Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)in trendy Corktown steps to public transit, 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: $1,400 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 & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT AS OF DEC 1ST, 2024.
Price | : $879,900 |
---|---|
Property Taxes | :$4129.34 |
Tax Year | :2024 |
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Bedrooms | :2 + 1 |
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No. of Rooms | :7 |
Air Conditioning | :Window Unit |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :Wellington St S |
Bathrooms | :3 |
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Fuel | :Gas |
Fireplace/Stove | :No |
Exterior Finish | :Brick |
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Parking Space | :2 |
Basement | :Apartment |
Garage | :None |
---|---|
Park | :Park |
17 Sep, 2024
TREB #X9354370
Listed
$879900.0
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