220 Caroline Street S Hamilton, Ontario L8P 3L4
$1,799,000
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. (id:49187)
Property Details
| MLS® Number | 40751960 |
| Property Type | Multi-family |
| Neigbourhood | Durand |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 8 |
| Bedrooms Total | 11 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 4236 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | De-3 |
https://www.realtor.ca/real-estate/28617365/220-caroline-street-s-hamilton
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July 18 2025 01:58:02
REALTORS® Association of Hamilton-Burlington
Keller Williams Complete Realty