Marion Benson

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27 GROVE Street, Hamilton, Ontario

$859,900

3 Beds
3 Baths
1,482 Square Feet

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 AS OF DEC 1ST, 2024. (id:23309)

Listing ID: 40679454
Property Type: Single Family

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Rooms

Level	Type	Dimensions
4pc Bathroom	Second level	6'0'' x 5'0''
Bedroom	Second level	10'0'' x 8'0''
4pc Bathroom	Basement	5'0'' x 6'0''
Bedroom	Basement	7'0'' x 9'0''
4pc Bathroom	Main level	6'0'' x 5'0''
Bedroom	Main level	8'0'' x 8'0''

Details

Architectural Style: 2 Level
Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Schools
Community Features: Community Centre
Equipment: Water Heater
Features: Paved driveway, Laundry- Coin operated
Ownership: Freehold
Parking Spaces: 2
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R1a

Building

Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan
Architectural Style: 2 Level
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 2
Bedrooms Lower Level: 1
Construction Style Attachment: Semi-detached
Cooling: Window air conditioner
Exterior Finish: Brick
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1482 sqft
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Place of Worship, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 20 ft

Listing provided by Revel Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 27 GROVE Street in Hamilton Ontario. It was last modified on November 20th, 2024. Contact Marion Benson to schedule a viewing or to discover other Hamilton homes for sale.

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