188-190 Caroline Street S Hamilton, Ontario L8P 3L2
$1,199,000
6% cap rate. $91,650 in annual rent from four leased units in Hamilton's popular Durand Neighbourhood. You get a legal 4-plex built, fully tenanted, producing $71,970 in net operating income. All four tenants pay their own hydro, so your utility exposure stays small and easy to predict. The expensive work is already behind you. Parapet walls and chimney have been re-built, and the water line has been upgraded to 3/4 copper. 4 card parking sits at the rear. The unit mix protects your income: one 3 bedroom, one 2 bedroom, two 1 bedrooms. Four separate tenancies means no single vacancy takes out your cash flow. Each unit has kept its own character, which is what holds good tenants in place. Walk to Locke St S, James St S, Hess Village, St. Joseph's Hospital, downtown Hamilton, transit, parks and schools. Durand is one of the tightest rental pockets in the city, on a quiet tree-lined street. Two of the four rents are under market so there's upside for the future in the numbers. Book your showing this week. (id:43681)
房源概要
| MLS® Number | 40862614 |
| 房源类型 | Multi-family |
| 附近的便利设施 | 医院, 礼拜场所, 公共交通, 学校, 购物 |
| 设备类型 | 热水器 |
| 总车位 | 4 |
| 租赁设备类型 | 热水器 |
详 情
| 浴室 | 5 |
| 总卧房 | 7 |
| 地下室类型 | 没有 |
| 空调 | 中央空调 |
| 外墙 | 砖 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 储存空间 | 2 |
| 内部尺寸 | 3256 Sqft |
| 类型 | Fourplex |
| 设备间 | 市政供水 |
车 位
| Open |
土地
| 英亩数 | 无 |
| 土地便利设施 | 医院, 宗教场所, 公共交通, 学校, 购物 |
| 污水道 | 城市污水处理系统 |
| 土地深度 | 95 Ft |
| 土地宽度 | 39 Ft |
| 规划描述 | De-3 |
https://www.realtor.ca/real-estate/30291227/188-190-caroline-street-s-hamilton
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REALTORS® Association of Hamilton-Burlington
Real Broker Ontario Ltd.
September 17 2026 12:38:31
