34 SHERMAN Avenue S Hamilton

34 SHERMAN Avenue S, Hamilton, Ontario

$799,900

  • 6 Beds
  • 4 Baths
  • 3,564 Square Feet

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:23309)

  • Listing ID: 40652462
  • Property Type: Multi-family
  • Year Built: 1910

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Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Schools
  • Community Features: Community Centre
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 1
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: D/S-1822

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 1910
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 4
  • Heating: Radiant heat
  • Size Interior: 3564 sqft
  • Stories Total: 2.5
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Place of Worship, Schools
  • Sewer: Municipal sewage system
  • Size Frontage: 29 ft
MLS®

Listing provided by Revel Realty Inc.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 34 SHERMAN Avenue S in Hamilton Ontario. It was last modified on September 24th, 2024. Contact Heather Buchanan Curren to schedule a viewing or to discover other Hamilton real estate for sale.

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