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$ 1,799,000
Est. payment /mo
New
220 Caroline ST S Hamilton, ON L8P 3L4
10 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Durand
MLS Listing ID X12290504
Style 2 1/2 Storey
Bedrooms 10
Annual Tax Amount $11,003
Tax Year 2024
Property Sub-Type Fourplex
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.
Location
Province ON
County Hamilton
Community Durand
Area Hamilton
Zoning DE-3
Rooms
Basement Finished
Kitchen 4
Interior
Interior Features None
Cooling Central Air
Inclusions 4 stoves, 4 fridges, 4 dishwashers, 4 washers, 4 dryers.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Unknown
Others
Virtual Tour https://view.spiro.media/order/ed0722e1-ec7b-4022-a08d-08ddbece7426?branding=false
Lited by KELLER WILLIAMS COMPLETE REALTY