188-190 Caroline ST S new

Hamilton,ON L8P 3L2

$ 1549000

7 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Durand

MLS Listing ID X12380248

Style 2-Storey

Bedrooms 7

Building Age 100+

Annual Tax Amount $7,785

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Hamilton

Community Durand

Area Hamilton

Zoning DE-3

Rooms

Basement None

Kitchen 4

Interior

Interior Features None

Cooling Central Air

Inclusions Fridge (4), Stove (4), Dishwasher (4), Washer (4), Dryer (4), ELFs.

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Foundation Poured Concrete,Stone

Others

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