27 Grove St, Hamilton

27 Grove St, Corktown, Hamilton L8N1P4

2-Storey, Triplex Property
7 Rooms Total, 2 + 1 Kitchens
2 Parking Spaces

20.00 x 92.00

Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
Apartment, Fin W/O Basement
Brick Exterior

Beautifully Renovated 3 Unit Building (Legal Non-Conforming Duplex, With Spacious Basement Apartment) Intrendy Corktown Steps To Public Transit, Go Station, Mountain Access & James Street Amenities. Buildingcurrently 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% Downat A 4.99% Interest Rate (30 Year Amortization) With Current Rents & Liabilities In Place. Building Features Anew Furnace, Newer Roof, Luxury Vinyl Plank Flooring, Quartz Countertops And Stainless Steel Appliances. Eachunit Boasts Large Floor Plans With Great Flow. Upper Unit Is Complete With Soaring Ceiling Heights, Exposedbrick & A Private Patio Area. Main Floor Is A Large 800 Sqft, One Bedroom Apartment With An Additional Privatepatio Area. Basement Apartment Has A Private Separate Entrance With A Walk-Out To The Side Yard. All Units Areoccupied By Single Tenants. ***Can Be Packaged With Property Next Door (25 Grove St), To Allow For 6 Unitpurchase***. Book Your Showing Today! Vacant Possession Of Basement Unit As Of Dec 1St, 2024.

Unit 9, Level 8, Wentworth Standard Condominium Plan No. 382 And Its Appurtenant Interest. The Description Of The Condominium Property Is : Lts 102,103,119 & Pt Lt 120, Pl 1431 (George Hamilton Survey) Being Pts 1,2 & 3, 62R16904, City Of Hamilton

4-piece on main level
4-piece on bsmt level
4-piece on 2nd level