329 Upper Sherman AVE Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8V 3L1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Raleigh
MLS Listing ID X12516978
Annual Tax Amount $36,692
Tax Year 2025
Property Sub-Type Investment
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN A HIGHLY SOUGHT-AFTER EAST MOUNTAIN COMMUNITY, IDEALLY SITUATED ADJACENT TO JURAVINSKI HOSPITAL AND CANCER CENTRE AND WITHIN WALKING DISTANCE TO SHOPPING, PARKS, TRAILS, AND PUBLIC TRANSIT. THIS PROFESSIONALLY MANAGED 20-UNIT APARTMENT BUILDING IS HOME TO AAA TENANTS AND HAS BEEN METICULOUSLY MAINTAINED, FEATURING APPROXIMATELY $300,000 IN RECENT UPGRADES AND IMPROVEMENTS. FIFTEEN SUITES BOAST ESCARPMENT VIEWS, WHILE ALL UNITS ARE MAINTAINED CLEAN AND WELL-KEPT. ADDITIONAL FEATURES INCLUDE ON-SITE COIN-OPERATED LAUNDRY FACILITIES AND 20 ON-SITE PARKING SPOTS, PROVIDING BOTH CONVENIENCE AND SUPPLEMENTAL INCOME. A TURN-KEY ASSET OFFERING STABILITY, QUALITY, AND STRONG LONG-TERM GROWTH POTENTIAL-IDEAL FOR THE DISCERNING INVESTOR.
Location
Province ON
County Hamilton
Community Raleigh
Area Hamilton
Zoning R2
Interior
Cooling No
Inclusions 20 Fridges, 20 Stoves, 3 Dishwashers, 2 Coin-Operated Washers, 2 Coin-Operated Dryers.
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 90.75
Lot Depth 100.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No