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27 Grove St

Grove St, Downtown Hamilton, Hamilton, ON, L8N 1P4

3
Beds
3
Baths
$849,900
List Price
Details
Photos
40
Comparables
History
27 Grove St, Hamilton, ON - 1 of 3
27 Grove St, Hamilton, ON - 2 of 3
27 Grove St, Hamilton, ON - 3 of 3
New
18 days on market

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, 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),... Show More

Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, 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 & liabilities in place. Building features a new furnace, newer roof, luxuryvinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is completewith soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additionalprivate patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by singletenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT. (id:54626)

Property Details

Size

Sq. Ft. Not Available
across 2 floors
3 Beds
2 Above Grade - 1 Below Grade
3 Baths
3 Full

Parking

2 Parking Spaces
-

Lot

Size
240′0″ * 1103′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Window air conditioner

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X11881114
Last Updated
December 4, 2024
Brokerage
REVEL REALTY INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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