7 Beds 5 Bath

188-190 Caroline Street S, Hamilton, ON L8P 3L2

Hamilton L8P 3L2 Ontario

MLS: X12380248

$1,549,000

Added 5 days ago | For Sale

Listed by: KELLER WILLIAMS COMPLETE REALTY

About Property

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.

Features

  • House Style:Fourplex
  • Bathrooms:5
  • Land Size: 39 X 95
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Duke St
  • Basement:None , None
  • Possession Date:Flexible
  • Annual Property taxes: $7785.13
  • Bedrooms:7
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12380248

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