Homes for sale - 27 GROVE Street, Hamilton, ON L8N1P4

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$849,900

Est. payment - /mo

3 Beds

3 Baths

1,482 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,482 sqft

Price per Sqft $573

Subdivision 142 - Corktown

MLS® Listing ID 40683402

Style 2 Level

Bedrooms 3

Originating Board Cornerstone - Hamilton-Burlington

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! VACANT POSSESSION OF BASEMENT UNIT. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 6'0'' x 5'0'' 4pc Bathroom

Extra Room 2 Second level 10'0'' x 8'0'' Bedroom

Extra Room 3 Basement 5'0'' x 6'0'' 4pc Bathroom

Extra Room 4 Basement 7'0'' x 9'0'' Bedroom

Extra Room 5 Main level 6'0'' x 5'0'' 4pc Bathroom

Extra Room 6 Main level 8'0'' x 8'0'' Bedroom

Interior

Heating Forced air,

Cooling Window air conditioner

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

Read Less Info

Listed by Revel Realty Inc.

+1(250) 882-3335

alex@victoriahomes.com

27 GROVE Street Hamilton, ON L8N1P4