29
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$1,395,000
Est. payment /mo
7 Beds
5 Baths
3,256 SqFt
Price Dropped by $54K
188-190 CAROLINE Street S Hamilton, ON L8P3L2
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $428
Subdivision 122 - Durand North
MLS® Listing ID 40787418
Bedrooms 7
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
Rare & lucrative investment opportunity in Hamilton's prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental income—a solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4 copper water line—a significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Joseph's Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architecture—an investment that truly checks all the boxes. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Keller Williams Complete Realty
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