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27 Grove Street Home For Sale Hamilton, Ontario L8N 1P4

40683402

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

$849,900

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! VACANT POSSESSION OF BASEMENT UNIT. (id:34792)

Property Details

MLS® Number 40683402
Property Type Single Family
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Schools
Community Features Community Centre
Equipment Type Water Heater
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan
Architectural Style 2 Level
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Semi-detached
Cooling Type Window Air Conditioner
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1482 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 92 Ft
Size Frontage 20 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R1a

Rooms

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

https://www.realtor.ca/real-estate/27708861/27-grove-street-hamilton

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