$799,900

34 Sherman Ave S

Gibson, Hamilton, Ontario, L8M 2P4

| | | 2,500 sq.ft. | Year Built: 100+ |
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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 Info
MLS®: X9365758
Listing Courtesy of REVEL REALTY INC.
Total Bedrooms 5
Total Bathrooms 4
Basement Sep Entrance
Floor Space 2500 sq.ft.
Lot Size 2582 sq.ft.
Style 2 1/2 Storey
Last Updated 2024-09-24
Property Type Triplex
Listed Price $799,900
Unit Pricing $320/sq.ft.
Strata Fee $
Tax Estimate $4,868/Year
Year Built 100+
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