220 CAROLINE Street South, Hamilton, L8P3L4

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Description

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:39198)

52 days

On Market

Multi-family

Property Type

$11,004 / Year

Est. Taxes

Fourplex

Style

-

Garage

Finished, Full

Basement

Location & Areas