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27 Grove Street Hamilton, Ontario L8N 1P4

3 Bedroom 3 Bathroom 1482 sqft
2 Level Window Air Conditioner Forced Air

$899,900

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! (id:31697)

Property Details

MLS® Number H4202897
Property Type Single Family
AmenitiesNearBy Hospital, Public Transit, Recreation, Schools
CommunityFeatures Community Centre
EquipmentType Water Heater
Features Park Setting, Park/reserve, Paved Driveway, Laundry- Coin Operated
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 2
BedroomsBelowGround 1
BedroomsTotal 3
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer & Dryer, Range
ArchitecturalStyle 2 Level
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Semi-detached
CoolingType Window Air Conditioner
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeExterior 1482 Sqft
SizeInterior 1482 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Hospital, Public Transit, Recreation, Schools
Sewer Municipal Sewage System
SizeDepth 92 Ft
SizeFrontage 20 Ft
SizeIrregular 20 X 92
SizeTotalText 20 X 92|1/2 - 1.99 Acres

Rooms

Level Type Dimensions
Second Level 4pc Bathroom ' '' x ' ''
Second Level Bedroom ' '' x ' ''
Basement 4pc Bathroom ' '' x ' ''
Basement Bedroom ' '' x ' ''
Ground Level 4pc Bathroom ' '' x ' ''
Ground Level Bedroom ' '' x ' ''

https://www.realtor.ca/real-estate/27286880/27-grove-street-hamilton

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