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34 Sherman Ave S

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

6
Beds
4
Baths
2,499 - 2,999
Sq. Ft.
$799,900
List Price
Details
Photos
40
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
New
12 days on market

Quick Summary

  • Spacious 3000 sq ft legal non-conforming triplex
  • Great mix of 3 well-appointed rental units
  • Significant rent upside potential for units 1 & 2
  • Newer roof, soffits, eaves, and fascia (2016-2021)
  • Separate hydro meters for each unit
  • In-suite laundry for units 1 & 3
  • Stable 7% capitalization rate
  • Suitable for investment or live-in owner

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamiltonfeaturing a great suite mix. Large main/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bathunit and a bigger then it looks brand new 1 bed, 1 bath loft unit at market rent. Unit 1 & 2 are great valueadds with major rent upside... Show More

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamiltonfeaturing a great suite mix. Large main/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bathunit and a bigger then it looks brand new 1 bed, 1 bath loft unit at market rent. Unit 1 & 2 are great valueadds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydro meters (allpassed 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! (id:54626)

Property Details

Size

2,499 - 2,999 sq. ft.
10 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
348′12″ * 1066′0″
Acres
-

Build

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

Heating & Cooling

Heating
Radiant heat
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Bedroom

10′2″ x 11′8″

Bedroom

9′6″ x 10′6″

Bathroom

6′0″ x 4′0″

Bathroom

4′0″ x 10′0″

Bedroom

8′0″ x 10′0″

Bedroom

9′1″ x 10′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9365758
Last Updated
September 24, 2024
Brokerage
REVEL REALTY INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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