34 Sherman Avenue S, Hamilton, Ontario

$749,900

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6

Beds

4

Baths

3,564

Square feet

About 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! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent! (id:36535)

Features of 34 Sherman Avenue S

Listing # 40685621
Price $749,900
Bedrooms 6
Bathrooms 4.00
Half Baths 1
Square Footage 3,564
Acres 0.00
Year Built 1910
Type Single Family
Sub-Type Freehold

Community Information

Address 34 Sherman Avenue S
Subdivision 200 - Gibson/Stipley
City Hamilton
Province Ontario
Postal Code L8M2P4

Amenities

Amenities Hospital, Park, Place of Worship, Schools
Features In-Law Suite
Parking Spaces 1
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Microwave, Refrigerator, Stove, Washer, Hood Fan
Heating Radiant heat, Hot water radiator heat
Cooling Wall unit, Window air conditioner
Fireplace No
# of Stories 3
Has Basement Yes

Exterior

Exterior Brick
Foundation Stone

Listing Details

OfficeCourtesy Of Abdellah Majd Of Revel Realty Inc.

Listing Map