$799,900
FOR SALE

Triplex

Bedrooms: 6Bathrooms: 4Lot: 29 x 89 ft

34 Sherman Avenue S
Hamilton, ON L8M 2P4

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Large main/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit at market rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydro meters (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suite laundry! Stabalized cap rate of 7%. Great addition to any portfolio or live/rent! (id:47421)
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Listed By Revel Realty Inc.
Data Provided By Cornerstone - Hamilton-Burlington
MLS® Listing Number 40652462
Last Updated Sep 24, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 200 - Gibson/Stipley
Price History

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Detailed Information
Bedrooms 6
Bathrooms 4
Lot 29 x 89 ft
Amenities Nearby Hospital, Park, Place of Worship, Schools
Community Features Community Centre
Equipment Water Heater
Listing Contract Date 2024-09-24
Location Description North on Sherman Avenue from Main Street East, property on west side between Dunsmure Road and Vineland Avenue
Ownership Type Freehold
# of Parking Spaces 1
Property Type Multi-family
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description D/S-1822
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1910
Cooling Type Wall unit
Exterior Finish Brick
Foundation Type Stone
Heating Type Radiant heat
Stories Total 2.5
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Hospital, Park, Place of Worship, Schools
Sewer Municipal sewage system

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