34 SHERMAN

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Description

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! Stabalized cap rate of 7%. Great addition to any portfolio or live/rent! (id:39198)

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Additional media

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Property taxes

$4,868.16 per year / $405.68 per month

Basement

Finished, Full

Year build

1910

Type

Multi-family

Bedrooms

6

Bathrooms

4

Parking spots

1 Total

Floor

-

Balcony

-

Pool

-

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Radiant heat

Fire place(s)

-