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Listed by Abdellah Majd • Revel Realty Inc.
$799,900
Est. payment /mo
6 Beds
4 Baths
2,654 SqFt
Active
34 SHERMAN Avenue S Hamilton, ON L8M 2P4
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Key Details
Property Type Multi-Family
Sub Type 3 Units
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2001 to 3000
Square Footage 2,654 sqft
Price per Sqft $301
MLS Listing ID 40652462
Bedrooms 6
Property Sub-Type 3 Units
Property Description
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!
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!
Location
Province ON
County Hamilton
Direction North on Sherman Avenue from Main Street East, property on west side between Dunsmure Road and Vineland Avenue
Rooms
Kitchen 0
Interior
Inclusions OTHER; 3 fridges, 3 stoves, 2 dishwashers, 2 range-hoods, 1 OTR microwave, 2 washers, 2 dryers
Exterior
Waterfront Description None
Lot Frontage 29.06
Lot Depth 88.85
Building
Story 2.5
Water Municipal
Others
Ownership Freehold
NEIGHBORHOODS
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