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Richard Rutkowski

[email protected] +1(905) 876-6660

$ 749,900

Est. payment -/mo

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Active

34 Sherman AVE S Hamilton, ON L8M 2P4

5 Beds

4 Baths

UPDATED:

12/17/2024 04:40 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Gibson

MLS Listing ID X11895037

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $4,868

Tax Year 2024

Property Sub-Type Triplex

Property Description

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Largemain/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 atmarket 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 hydrometers (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suitelaundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent!

Location

Province ON

County Hamilton

Community Gibson

Area Hamilton

Rooms

Family Room No

Basement Separate Entrance, Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features In-Law Suite, Separate Hydro Meter

Cooling Wall Unit(s)

Fireplace No

Heat Source Other

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Depth 88.85

Total Parking Spaces 1

Building

Unit Features Hospital,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School

Foundation Stone

Listed by REVEL REALTY INC.

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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