27 GROVE STREET

Hamilton (Corktown)

,

Ontario

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, 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, luxuryvinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is completewith soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additionalprivate patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by singletenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT. (id:6355)

Listing ID: X11881114 Transaction Type: For sale Bedrooms: 3 Bathrooms: 3 Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: 20 x 92 FT Land Size Irregular: 20 x 92 FT Building Size Interior: Building Utility Water: Municipal water Building Heating Type: Forced air Building Cooling Type: Window air conditioner Building Fixture: Land Sewer: Sanitary sewer Storage Type: Courtesy Of: REVEL REALTY INC. Basement:

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Community: Corktown

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