34 Sherman Avenue S, Hamilton (Gibson), Ontario L8M 2P4 (27742571)
$749,900
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! (id:59911)
Property Details
| MLS® Number | X11895037 |
| Property Type | Single Family |
| Community Name | Gibson |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Features | In-law Suite |
| Parking Space Total | 1 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Two Washers |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 88 Ft ,10 In |
| Size Frontage | 29 Ft ,1 In |
| Size Irregular | 29.1 X 88.9 Ft |
| Size Total Text | 29.1 X 88.9 Ft |
| Zoning Description | D/s-1822 |
Interested in 34 Sherman Avenue S, Hamilton, Ontario L8M 2P4?
Abdellah Majd
Salesperson
69 John St South Unit 400a
Hamilton, Ontario L8N 2B9
(905) 592-0990
(905) 357-1705