40
See all 40 photos
$749,900
Est. payment /mo
5 BD
4 BA
New
34 Sherman AVE S Hamilton, ON L8M 2P4
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UPDATED:
12/17/2024 04:40 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X11895037
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $4,868
Tax Year 2024
Property Description
3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Largemain/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 atmarket 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 hydrometers (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suitelaundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent!
Location
Province ON
County Hamilton
Community Gibson
Area Hamilton
Region Gibson
City Region Gibson
Rooms
Family Room No
Basement Separate Entrance, Finished
Kitchen 3
Separate Den/Office 1
Interior
Interior Features In-Law Suite, Separate Hydro Meter
Cooling Wall Unit(s)
Fireplace No
Heat Source Other
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 1
Building
Unit Features Hospital,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School
Foundation Stone
Listed by REVEL REALTY INC.
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