188-190 CAROLINE STREET S, Hamilton, Ontario

$1,549,000

7 Beds
5 Baths

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. Josephs 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:56241)

Listing ID: X12380248
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Public Transit, Place of Worship
Equipment: Water Heater
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: DE-3

Building

Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
Bedrooms Main Level: 7
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Foundation: Poured Concrete, Stone
Bathrooms (Half): 1
Bathrooms (Total): 5
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3000 - 3500 sqft
Stories Total: 2
Type: Fourplex
Utility Water: Municipal water

Land

Amenities: Hospital, Public Transit, Place of Worship
Sewer: Sanitary sewer
Size Frontage: 39 ft
Size Irregular: 39 x 95 FT

Listing provided by KELLER WILLIAMS COMPLETE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 188-190 CAROLINE STREET S in Hamilton Ontario. It was last modified on September 4th, 2025. Contact us to schedule a viewing or to discover other Hamilton real estate for sale.

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