5 MAPLEWOOD AVENUE

$899,900

5 MAPLEWOOD AVENUE

Blakeley, Hamilton, ON

Type
Multi-family
Status
Active
Bedrooms
4
Bathrooms
4
MLS®
X13614392

About this property

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:66946)

Features

brickcarpet freein-law suiteno garage

Listing courtesy of REAL ESTATE ADVISORS INC.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.