188-190 Caroline Street S new

Hamilton,ON L8P 3L2

$ 1549000

7 Beds

5 Baths

3256 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,256 sqft

Price per Sqft $475

MLS Listing ID 40755925

Bedrooms 7

Abv Grd Liv Area 3,256

Annual Tax Amount $7,785

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Multi-4 Unit

Source Cornerstone

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.

Location

Province ON

County Hamilton

Area 12 - Hamilton West

Zoning DE-3

Direction From Herkimer/Queen, E on Herkimer, N on Caroline

Rooms

Basement None

Kitchen 0

Interior

Interior Features None

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 39.0

Lot Depth 95.0

Garage No

Building

Lot Description City Lot,Hospital,Library,Place of Worship,Public Parking,Public Transit,Schools,Shopping Nearby

Faces From Herkimer/Queen, E on Herkimer, N on Caroline

Story 2

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 171360192

Ownership Freehold/None

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