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!
Property Features
- Date Listed: Tuesday, September 24, 2024
- City: Hamilton
- Neighborhood: Gibson
- Major Intersection: Vineland Avenue
- Full Address: 34 Sherman Avenue S, Hamilton, L8M 2P4, Ontario, Canada
- Listing Brokerage: Revel Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Revel Realty Inc. and should be verified by the buyer.