Rare & lucrative investment opportunity in Hamilton’s prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental income—a solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4 copper water line—a significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Joseph’s Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architecture—an investment that truly checks all the boxes. (id:4069)
Address
188-190 CAROLINE Street S
List Price
$1,349,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
7
Bathrooms
5
Floor Area
3,256 Sq. Ft.
MLS® Number
40787418
Listing Brokerage
Real Broker Ontario Ltd.
Basement Area
None
Postal Code
L8P3L2
Zoning
DE-3
Site Influences
Hospital, Place of Worship, Public Transit, Schools, Shopping
