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. 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. (id:40058)
Property Details
| MLS® Number | 40755925 |
| Property Type | Multi-family |
| Neigbourhood | Durand |
| Amenities Near By | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 7 |
| Basement Type | None |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,256 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 95 Ft |
| Size Frontage | 39 Ft |
| Size Irregular | 0.09 |
| Size Total | 0.09 Ac|under 1/2 Acre |
| Size Total Text | 0.09 Ac|under 1/2 Acre |
| Zoning Description | De-3 |
https://www.realtor.ca/real-estate/28811851/188-190-caroline-street-s-hamilton
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September 04 2025 03:31:48
REALTORS® Association of Hamilton-Burlington
Keller Williams Complete Realty