5 Maplewood Avenue, Hamilton (blakeley), Ontario

$899,900

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4

Beds

4

Baths

About 5 Maplewood Avenue

An exceptional income-producing property in the heart of Hamilton. This well-maintained triplex features three legal, self-contained units, along with an existing fourth non-conforming unit. Each unit has been beautifully renovated and includes a private entrance and ensuite laundry. The property offers ample parking, a practical layout and excellent flexibility for investors, multi-generational families or buyers seeking additional rental income. The current unit configuration includes one one-bedroom unit, one two-bedroom unit, one bachelor unit and an additional one-bedroom unit. Ideally situated near public transit, schools, parks, trails, restaurants, shopping and everyday amenities, with convenient highway access and downtown Hamilton just minutes away. Located in a high-demand rental area with strong cash-flow potential and a reported cap rate of approximately 8%. (id:36535)

Features of 5 Maplewood Avenue

Listing # X13614392
Price $899,900
Bedrooms 4
Bathrooms 4.00
Acres 0.00
Type Multi-family

Community Information

Address 5 Maplewood Avenue
Subdivision Blakeley
City Hamilton (blakeley)
Province Ontario
Postal Code L8M1W3

Amenities

Amenities Fireplace(s)
Utilities Cable, Electricity, Sewer
Features Carpet Free, In-Law Suite
Parking Spaces 3
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Radiant heat
Cooling Central air conditioning
Fireplace Yes
# of Fireplaces 2
# of Stories 3
Has Basement Yes
Basement Features Apartment in basement, Separate entrance
Basement Type N/A, N/A

Exterior

Exterior Brick
Lot Description 34.5 x 90 FT
Foundation Block

Listing Details

OfficeCourtesy Of REAL ESTATE ADVISORS INC.

Listing Map