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This raised bungalow offers a rare opportunity to invest in a property with both residential charm and commercial potential. Recently renovated with a new kitchen featuring stainless steel LG appliances and hardwood floors throughout, this home is perfect for those looking to make it their own. With 3+1 bedrooms, 2 full bathrooms, and a finished basement apartment with a separate entrance, it also provides rental income potential.While some updates are needed to unlock its full value, the property is priced to reflect this, making it an excellent investment. Recent upgrades include new windows (2021), shingles (2015), modern fixtures, and expansive concrete access stairs.What truly sets this property apart is its commercial zoning, offering the possibility to develop a mid-rise office building. With its location on a spacious lot, this is the perfect site for a business venture or long-term investment.Whether you're looking for a property to renovate and enjoy as a home or an opportunity to build and develop, this property offers endless possibilities.
Fridge x 2, Stove x 2, dishwasher, Washer & Dryer, All Light fixtures, All Window Coverings, Gazebo in Backyard.
City: Hamilton
Neighborhood: Eastmount
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Aug 29, 2022 | 65 | $679,999 | $645,000 | Sold | X5746995 |
Purchase Price | $699900 |
Down Payment | $139980 |
Mortgage Insurance | $0 |
Total Mortgage | $559920 |
Mortgage Payment | $3450 |
Property Taxes | $350 |
Maintenance Fees | $0 |
Monthly Payment | $3800 |
Sold Comparables homes near 574 Upper Sherman Ave, Hamilton
Located at 574 Upper Sherman Ave , this Hamilton house is available for sale. This property was listed for $699,900 on Fri Nov 08 2024. This house's size is 30.05 x 108.24 Feet. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Family, Dining, Kitchen, Br, 2nd Br, 3rd Br, Bathroom, Bathroom, Kitchen, Laundry, 4th Br. This property comes with 3 parking spots. 574 Upper Sherman Ave, Hamilton is situated in the Eastmount neighbourhood.
MLS#: X10415715 · $699,900 · 3 bedroom house in Eastmount, Hamilton