34 SHERMAN Avenue S, Hamilton, Ontario
$799,900
- 6 Beds
- 4 Baths
- 3,564 Square Feet
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:23309)
- Listing ID: 40652179
- Property Type: Single Family
- Year Built: 1910
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Listing provided by Revel Realty Inc.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 34 SHERMAN Avenue S in Hamilton Ontario. It was last modified on September 24th, 2024. Contact Marion Benson to schedule a viewing or to discover other Hamilton homes for sale.