$475,000
86 Sherman Avenue N, Hamilton, ON L8L 6M4


Hamilton, ON L8L 2Y9
6 Bed · 2 Bath · Detached
MLS #X13522496
Listed Price
521 Barton Street E Hamilton is an investment property. Corner-lot duplex with a renovated 2-bedroom main-floor unit (re-renting at $1,800 + hydro) and a four-room upper unit sharing kitchen and bath. Two hydro meters. Unfinished basement with development potential. Growth opportunity: A corner-lot property with genuine value-add upside in addition to in-place income. The main-floor 2-bedroom unit is freshly renovated and stabilizing at $1,800 + hydro, while four month-to-month rooms above allow rents to be reset to market. The unfinished basement is counted as a sixth door and is currently vacant: finishing and leasing it adds a new income stream immediately, and the corner-lot position offers a further, longer-term path to add density and value. Net operating income: $44,158, Doors: 6 (5 occupied / 83%) Configuration: Renovated 2-bed main floor + 4-room upper unit + unfinished basement (6th door, vacant)Metering: Two hydro meters
Bedrooms
6
Bathrooms
2
Square Feet
1500-2000 sqft
Property Type
Detached
Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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521 Barton Street E, Hamilton, ON L8L 2Y9 is a 6-bedroom, 2-bathroom 2-storey detached with approximately 1500-2000 square feet of living space, situated on a 26 102 foot lot. This property is currently for sale at $699,000. The home features a none garage and a unfinished basement.
This home is located in Gibson, part of Hamilton in the Hamilton area. Explore more homes for sale and recently sold properties in this neighbourhood.
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