188-190 Caroline Street S Hamilton, Ontario L8P 3L2
$1,549,000
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. (id:60365)
Property Details
| MLS® Number | X12380248 |
| Property Type | Multi-family |
| Community Name | Durand |
| AmenitiesNearBy | Hospital, Public Transit, Place Of Worship |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Age | 100+ Years |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete, Stone |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Hospital, Public Transit, Place Of Worship |
| Sewer | Sanitary Sewer |
| SizeDepth | 95 Ft |
| SizeFrontage | 39 Ft |
| SizeIrregular | 39 X 95 Ft |
| SizeTotalText | 39 X 95 Ft |
| ZoningDescription | De-3 |
https://www.realtor.ca/real-estate/28812669/188-190-caroline-street-s-hamilton-durand-durand
Michael Kenneth Johnson
Salesperson
1044 Cannon St East Unit T
Hamilton, Ontario L8L 2H7
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September 04 2025 03:43:17
Toronto Real Estate Board
Keller Williams Complete Realty
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