34 Sherman Avenue S Hamilton, Ontario L8M 2P4

6 Bedroom 4 Bathroom 3,564 ft2
Wall Unit Radiant Heat

$749,900

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:48215)

Property Details

MLS® Number 40685631
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Schools
Community Features Community Centre
Equipment Type Water Heater
Parking Space Total 1
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 6
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 3
Size Interior 3,564 Ft2
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Schools
Sewer Municipal Sewage System
Size Depth 89 Ft
Size Frontage 29 Ft
Size Total Text Under 1/2 Acre
Zoning Description D/s-1822

https://www.realtor.ca/real-estate/27742396/34-sherman-avenue-s-hamilton

Abdellah Majd
Salesperson

(905) 921-6253

Revel Realty Inc.
69 John Street S. Unit 400a
Hamilton, Ontario L8N 2B9

(905) 592-0990

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