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34 Sherman Ave S

Sherman Ave S, Gibson, Hamilton, ON, L8M 2P4

6
Beds
4
Baths
3,564
Sq. Ft.
$799,900
List Price
Details
Photos
44
Comparables
History
34 Sherman Ave S, Hamilton, ON - 1 of 3
34 Sherman Ave S, Hamilton, ON - 2 of 3
34 Sherman Ave S, Hamilton, ON - 3 of 3
58 days on market

Quick Summary

  • Spacious 3000 sq ft legal non-conforming triplex
  • Great suite mix with 3 well-appointed units
  • Newer roof, soffits, eaves and fascia in 2016/2021
  • Stabilized 7% capitalization rate
  • Separate hydro meters for each unit
  • Main and fire escape egress for safety
  • In-suite laundry in units 1 and 3
  • Excellent addition to investment portfolio

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... Show More

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:54626)

Property Details

Size

3,564 sq. ft.
20 total rooms across 2 floors
6 Beds
5 Above Grade - 1 Below Grade
4 Baths
3 Full - 1 Partial

Parking

1 Parking Space
-

Lot

Size
347′12″ * 1067′12″
Acres
-

Build

Year Built
1910
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat, Hot water radiator heat
Cooling
Wall unit, Window air conditioner

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

4pc Bathroom

6′0″ x 4′0″

Bedroom

9′6″ x 10′6″

Bedroom

10′2″ x 11′9″

Pantry

3′4″ x 9′1″

Kitchen

9′1″ x 10′3″

Dining room

9′7″ x 10′2″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40652179
Last Updated
October 31, 2024
Brokerage
Revel Realty Inc.
Powered by: REALTOR.ca
Call us 800-591-0566

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