Rare & lucrative investment opportunity in Hamilton's prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental income - a solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4" copper water line - a significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Josephs Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architecture - an investment that truly checks all the boxes. |
Price | $1,549,000 |
Taxes: | $7785.13 |
Occupancy: | Tenant |
Address: | 188-190 Caroline Stre South , Hamilton, L8P 3L2, Hamilton |
Directions/Cross Streets: | Duke St |
Rooms: | 12 |
Bedrooms: | 7 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | None |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 2 | Main |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 4 | Second |
Washroom Type 4 | 3 | Second |
Washroom Type 5 | 0 | |
Washroom Type 6 | 2 | Main |
Washroom Type 7 | 4 | Main |
Washroom Type 8 | 4 | Second |
Washroom Type 9 | 3 | Second |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
Drive Parking Spaces: | 4 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 3000-3500 |
Property Features: | Hospital, Library |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS COMPLETE REALTY |
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Type: | Freehold - Fourplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Durand |
Style: | 2-Storey |
Approximate Age: | 100+ |
Tax: | $7,785.13 |
Beds: | 7 |
Baths: | 5 |
Fireplace: | N |
Pool: | None |