$824,850

Investment For Sale In Blakeley, Hamilton, Ontario

$824,850

Property Information:

Welcome to 227 Sherman Avenue South! An excellent investment opportunity in the highly desirable St. Clair neighbourhood, this impressive 2.5-storey brick multi-residential home is surrounded by beautiful character properties and located just minutes from Gage Park, the Bernie Morelli Recreation Centre, schools, shopping, downtown access, and major highways. Set in a high-demand rental area, the property offers three above-grade one-bedroom units, with the main-level unit currently vacant…ideal for an owner-occupant looking to live in one unit while generating rental income from the other two. Investors will appreciate the strong rental potential, separate hydro meters, common laundry facilities in the basement, common front entry and foyer, steel fire escapes, durable steel roof, new owned hot water heater in 2025, and new boiler furnace in 2025. A fantastic opportunity to add a well-located income property to your portfolio or step into multi-residential ownership with built-in flexibility. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 1860 sqft
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 3
  • Amenities Nearby: Park, Playground, Public Transit, Schools, Shopping
  • Community Features: Community Centre
  • Floor Space (approx): 1860 Square Feet
  • Irregular: Yes
  • Lot Depth: 125 Feet
  • Lot Frontage: 26 Feet
  • Lot Size: 0.08 Acres
  • Structure Type: Shed
  • Zoning: D
  • Sewer: Municipal sewage system
  • Parking Type: None

Courtesy of: RE/MAX Escarpment Realty Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.