34 SHERMAN Avenue S Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8M2P4
Key Details
Property Type Multi-Family
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 40652462
Bedrooms 6
Originating Board Cornerstone - Hamilton-Burlington
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! Stabalized cap rate of 7%. Great addition to any portfolio or live/rent! (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Cooling Wall unit
Exterior
Garage No
Community Features Community Centre
Waterfront No
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold