220 CAROLINE Street S new

Hamilton,ON L8P3L4

$ 1799000

11 Beds

8 Baths

4236 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,236 sqft

Price per Sqft $424

Subdivision 122 - Durand North

MLS Listing ID 40751960

Bedrooms 11

Property Sub-Type Freehold

Source Cornerstone - Hamilton-Burlington

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://view.spiro.media/order/ed0722e1-ec7b-4022-a08d-08ddbece7426

View More
Favorite Go Tour