8 Beds 5 Bath

220 Caroline Street S, Hamilton, ON L8P 3L4

Hamilton L8P 3L4 Ontario

MLS: X12290504

$1,699,000

Added 5 days ago | For Sale

Listed by: KELLER WILLIAMS COMPLETE REALTY

About Property

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.

Features

  • House Style:Fourplex
  • Bathrooms:5
  • Land Size: 40 X 99
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Robinson St
  • Basement:Finished , Finished
  • Possession Date:Flexible
  • Annual Property taxes: $11003.95
  • Bedrooms:8 +2
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12290504

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