220 Caroline ST S new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8P 3L4
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
Rooms
Family Room No
Basement Finished
Kitchen 4
Separate Den/Office 2
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 99.0
Total Parking Spaces 4
Building
Unit Features Hospital,Library,Public Transit,Rec./Commun.Centre,School
Foundation Unknown
Others
Virtual Tour https://view.spiro.media/order/ed0722e1-ec7b-4022-a08d-08ddbece7426?branding=false