75-77 Sherman Avenue S

Hamilton (Gibson), ON L8M2P8

About this property

One of Hamilton's original majestic homes, built in the late 1800s and beautifully preserved on a premium 52 x 110 ft lot.This approx. 4,000 sq ft triplex plus in-law suite offers five income streams - spacious 2-bedroom units throughout, gleaming refinished hardwood, restored oak trim and original doors, ornate fireplaces, and beveled leaded glass that simply can't be replicated today. Major systems are done: Weil-McLain boiler, fire retrofit, full basement waterproofing, and an independent basement heating system. Whether you're an investor eyeing strong cash flow & cap rates from 5 income streams or a house hacker looking to live nearly carrying-cost-free while tenants pay the mortgage, this is a rare, turnkey opportunity in a character home that doesn't come to market often.Ample parking in the driveway and storage in the double garage. (id:13843)

About this property

One of Hamilton's original majestic homes, built in the late 1800s and beautifully preserved on a premium 52 x 110 ft lot.This approx. 4,000 sq ft triplex plus in-law suite offers five income streams - spacious 2-bedroom units throughout, gleaming refinished hardwood, restored oak trim and original doors, ornate fireplaces, and beveled leaded glass that simply can't be replicated today. Major systems are done: Weil-McLain boiler, fire retrofit, full basement waterproofing, and an independent basement heating system. Whether you're an investor eyeing strong cash flow & cap rates from 5 income streams or a house hacker looking to live nearly carrying-cost-free while tenants pay the mortgage, this is a rare, turnkey opportunity in a character home that doesn't come to market often.Ample parking in the driveway and storage in the double garage. (id:13843)

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$925,000 Active
3,500 sqft

Presented By Trevor Docherty, Broker/Owner

Agent Image
Get in touch today! Phone: 1-705-787-5060
Brokerage
ROCK STAR REAL ESTATE INC.
1-905-361-9098
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

| County |

$ 925,000
This listing is play_arrow 19.4% higher than the average in the area
$ 774,900 in the area
3,500 SqFt
This listing is play_arrow 30.0% larger than the average in the area
2,693 SqFt in the area
$ 264 $/SqFt
This listing is play_arrow 8.6% less than the average in the area
$ 289 $/SqFt in the area
35 days on site
This listing is play_arrow 9.4% above the average in the area
32 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By PAUL D'ABRUZZO
Brokerage: ROCK STAR REAL ESTATE INC.

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Trevor Docherty

By submitting, you agree to receive promotional texts and/or calls from Sutton at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.