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34 SHERMAN Avenue S
Hamilton Ontario L8M2P4 Canada

$799,900

Active Listing ID 40652462
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6 bed
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3,564 square feet
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4.00 Bath
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Multi-family

$799,900

Active Listing ID 40652462
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34 SHERMAN Avenue S 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Wall unit
  • Exterior Finish: Brick
  • Heating Systems: Radiant heat
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 10/31/2024 3:05:47 PM GMT
Source Updated Date: 11/22/2024 10:09:03 PM GMT

Courtesy of: Abdellah Majd, Salesperson, Revel Realty Inc.