27 Grove St

Hamilton, ON L8N 1P4 (Corktown)

Quick Facts

Type: Triplex

Style: 2-Storey

Size: Sq Ft

Age: 100+ Years

Taxes: $4,129 (2024)

Updated: 2024-11-14 15:29:29

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 & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Ca

Extras

Carpet Free, Separate Hydro Meters

Property

Status: Sale

MLS #: X9354370

Price: $879,900

Address: 27 Grove St

Type: Triplex

Style: 2-Storey

Size: Sq Ft

Age: 100+ Years

Front On: N

Taxes: $4,129

Tax Year: 2024

Lot Size: 20 x 92 Feet

Neighbourhood: Corktown

Nearest Intersection: Wellington St S

City: Hamilton

Postal Code: L8N 1P4

DOM: 7 Days

Last Update: 2024-11-14 15:29:29

Building

Interior

Bedrooms: 3

Bathrooms: 3

Rooms: 7

Kitchens: 3

Family Room: N

Fireplace: N

Basement: Apartment, Fin W/O

Central Vacuum:

Exterior

Exterior: Brick,

Driveway: Lane

Garage: None

Garage Spaces: 0

Parking Spaces: 2

Pool: None

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Window Unit

Water: Municipal

Sewers: Sewers

Features

Hospital

Park

Place Of Worship

Public Transit

Rec Centre

School

Rooms