220 Caroline Street S, Hamilton, Ontario

$1,699,000

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11

Beds

8

Baths

4,236

Square feet

About 220 Caroline Street S

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:36535)

Features of 220 Caroline Street S

Listing # 40751960
Price $1,699,000
Bedrooms 11
Bathrooms 8.00
Square Footage 4,236
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 220 Caroline Street S
Subdivision 122 - Durand North
City Hamilton
Province Ontario
Postal Code L8P3L4

Amenities

Amenities Hospital, Park, Place of Worship, Public Transit, Schools
Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Brick

Listing Details

OfficeCourtesy Of Sandy MacKay Of Keller Williams Complete Realty

Listing Map