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BEDROOMS5
BATHROOMS4
KITCHENS12
ROOMSX12762670
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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. Joseph's 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.
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Nearby Intersections
Property Features
Hospital, Library, Public Transit, Place Of Worship, None
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Property Details
Address
188-190 Caroline Street
Community
City
Postal Code
L8P 3L2
Property Type
Fourplex, Fourplex
Zoning
DE-3
Lot Size
39' x 95'
Taxes
$7,785 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Real Broker Ontario Ltd.
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