This raised bungalow offers a rare opportunity to invest in a property with both residential charm and commercial potential. Recently renovated with a new kitchen featuring stainless steel LG appliances and hardwood floors throughout, this home is perfect for those looking to make it their own. With 3+1 bedrooms, 2 full bathrooms, and a finished basement apartment with a separate entrance, it also provides rental income potential.While some updates are needed to unlock its full value, the property is priced to reflect this, making it an excellent investment. Recent upgrades include new windows (2021), shingles (2015), modern fixtures, and expansive concrete access stairs.What truly sets this property apart is its commercial zoning, offering the possibility to develop a mid-rise office building. With its location on a spacious lot, this is the perfect site for a business venture or long-term investment.Whether you're looking for a property to renovate and enjoy as a home or an opportunity to build and develop, this property offers endless possibilities. (id:4069)
Address |
574 UPPER SHERMAN Avenue |
List Price |
$699,900 |
Property Type |
Single Family |
Type of Dwelling |
House |
Style of Home |
Raised bungalow |
Area |
Ontario |
Sub-Area |
Hamilton |
Bedrooms |
4 |
Bathrooms |
2 |
Floor Area |
1,055 Sq. Ft. |
Year Built |
1965 |
MLS® Number |
40674952 |
Listing Brokerage |
RIGHT AT HOME REALTY BROKERAGE
|
Basement Area |
Full (Finished) |
Postal Code |
L8V3M1 |
Zoning |
Residential |
Site Influences |
Hospital, Park, Public Transit, Schools |
Features |
In-Law Suite |