27 GROVE Street, Hamilton

2024-09-17
 

Quick Summary

Location
27 GROVE Street, Hamilton, Ontario L8N1P4
Price
$879,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1482ft2
Bedrooms:
2 bed +1
Bathrooms:
3

MLS®#40648422

Property Description

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities. Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 + hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete with soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additional private patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Hospital, Park, Place of Worship, Public Transit, Schools

Building

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan
  • Architectural Style: 2 Level
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Semi-detached
  • Cooling Type: Window air conditioner
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 1482 sqft
  • Building Type: House
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Paved driveway, Laundry- Coin operated

Land

  • Land Size: 1/2 - 1.99 acres
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: R1a

Information entered by Revel Realty Inc.
Listing information last updated on: 2024-09-17 19:16:46


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