Active
34 Sherman Avenue S
Hamilton ON, L8M 2P4
C$749,900
C$282.55 per sqft
Active
6 Beds
4 Baths
2,654 sqft
Multi-family
Built in 1910
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!
40685631
MLSⓇ ID
December 17, 2024
Listed
December 17, 2024
Updated
Map
34 Sherman Avenue S
Hamilton ON, L8M 2P4
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
4
Interior Features
Separate Hydro Meters
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry Description
In-Suite
Fireplace
No
Cooling
No
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Lot Features
Hospital, Park, Place of Worship, Public Parking, Rec/Community Centre, Schools
Roof
Asphalt Shing
Sewer
Sewer (Municipal)
Other Property Details
Area Name
20 - Hamilton Centre
Taxes
$4,868
Tax Frequency
Annually
Garage
No
Parking Total
1
View
No
County
Hamilton
Water Source
Municipal
Pool
No
Zoning
D/S-1822