Hamilton, ON L8N1P4 27 GROVE STREET

$879,900

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Presented By: REVEL REALTY INC.
  • MLS# X9354370
  • 09/17/2024
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 3

Home Details

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 & liabilitiesin place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops andstainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete withsoaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroomapartment with an additional private patio area. Basement apartment has a private separate entrancewith a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged withproperty next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! **** EXTRAS **** Carpet Free, Separate Hydro Meters (id:7434)
Presented By: REVEL REALTY INC.

Interior Features for 27 GROVE STREET

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air

General for 27 GROVE STREET

AmenitiesHospital, Park, Place of Worship, Public Transit, Schools
Building AmenitiesSeparate Electricity Meters
Building AppliancesDishwasher, Dryer, Range, Refrigerator, Stove, Washer
Building Basement FeaturesApartment in basement, Walk out
Building Cooling TypeWindow air conditioner
Building TypeTriplex
Building.StoriesTotal2
Community FeaturesCommunity Centre
CommunityNameCorktown
FeaturesLane
Foundation TypeBlock
Location DescriptionWellington St S
Parking Space Total2
Property TypeSingle Family
Suite - LegalNo

Exterior for 27 GROVE STREET

Exterior FinishBrick
Land Amenities Hospital, Park, Place of Worship, Public Transit, Schools
SewerSanitary sewer

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $879,900
MLS#X9354370
List Date 09/17/2024
Property Type Single Family
Phone 403.608.2191
Request Tour
Request Info
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