220 CAROLINE STREET S, Hamilton, Ontario

$1,799,000

10 Beds
5 Baths

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:56241)

Listing ID: X12290504
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Public Transit, Schools
Community Features: Community Centre
Parking Spaces: 4
Transaction: For sale
Zoning Description: DE-3

Building

Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Bedrooms Main Level: 8
Bedrooms Lower Level: 2
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Foundation: Unknown
Bathrooms (Half): 2
Bathrooms (Total): 5
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3000 - 3500 sqft
Stories Total: 2.5
Type: Fourplex
Utility Water: Municipal water

Land

Amenities: Hospital, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 40 ft
Size Irregular: 40 x 99 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 220 CAROLINE STREET S in Hamilton Ontario. It was last modified on July 17th, 2025. Contact us to schedule a viewing or to discover other Hamilton real estate for sale.

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