220 Caroline Street S, Hamilton, ON, L8P 3L4

$1,499,000

MLS® # 40787444

Investment For Sale In Durand, Hamilton, Ontario

$1,499,000

Property Information:

Incredible investment opportunity in the heart of Hamilton's desirable Durand North 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.

Inclusions: Other,4 Stoves, 4 Fridges, 4 Dishwashers, 4 Washers, 4 Dryers.

Exclusions : Tenant's Belongings.

Building Features:

  • Floor Space: 4236 Square Feet

Property Features:

  • Bedrooms: 11
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 4236 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 99 Feet
  • Lot Features: City Lot, Hospital, Library, Park, Place of Worship, Public Parking, Public Transit, Rec./Community Centre, Schools
  • Lot Frontage: 40.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: DE-3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Keller Williams Complete Realty

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