90 SHERMAN Avenue, Hamilton, Ontario, L8L 6M4

$599,900

MLS® # 40800117

Investment For Sale In Gibson, Hamilton, Ontario

$599,900

Property Information:

Corner lot all-brick 2.5-storey duplex in a prime Hamilton location, close to schools, grocery stores, transit, and the future Hamilton LRT line. The main floor 2-bedroom unit rents for $1,500/month, while the upstairs 5-bedroom unit is rented per bedroom at $750 each, generating $3,750/month, for a total annual income of $63,000. The property features a large front porch and upper balcony/patio, perfect for tenants. Separate hydro meters simplify utility management. This duplex offers strong cash flow, low operating costs, and long-term appreciation potential in a high-demand, transit-accessible neighborhood. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1892 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 2
  • Built in: 1912
  • Floor Space (approx): 1892 Square Feet
  • Lot Depth: 63 Feet
  • Lot Frontage: 21 Feet
  • Zoning: C
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX Escarpment Golfi 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.

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