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:4069)
| Address |
34 SHERMAN Avenue S |
| List Price |
$799,900 |
| Property Type |
Single Family |
| Type of Dwelling |
House |
| Area |
Ontario |
| Sub-Area |
Hamilton |
| Bedrooms |
6 |
| Bathrooms |
4 |
| Floor Area |
3,564 Sq. Ft. |
| Year Built |
1910 |
| MLS® Number |
40652179 |
| Listing Brokerage |
Revel Realty Inc.
|
| Basement Area |
Full (Finished) |
| Postal Code |
L8M2P4 |
| Zoning |
D/S-1822 |
| Site Influences |
Hospital, Park, Place of Worship, Schools |
| Features |
In-Law Suite |
