34 SHERMAN Avenue S Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8M2P4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,564 sqft
Price per Sqft $224
Subdivision 200 - Gibson/Stipley
MLS Listing ID 40652179
Bedrooms 6
Half Baths 1
Year Built 1910
Property Description
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! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent! (id:24570)
Location
Province ON
Interior
Heating Radiant heat,Hot water radiator heat
Cooling Wall unit,Window air conditioner
Exterior
Garage No
Community Features Community Centre
Waterfront No
View Y/N No
Building
Story 2.5
Sewer Municipal sewage system