5 Maplewood Avenue, Hamilton (Blakeley), Ontario L8M1W3

Listing courtesy of REAL ESTATE ADVISORS INC..

$899,900
4
BD
4
BA

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List Price
$899,900
MLS®
X13614392
Days on Market
59
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
4
Bathrooms
4
Lot Size Dimensions
34.5 x 90 FT
Subdivision
Blakeley

Property Description

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:5764)

Additional Information

Subdivision
Blakeley
Parking Spaces
3
Fireplaces
2
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Radiant heat, Natural gas
Lot Features
Carpet Free, In-Law Suite
Stories
2.5

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Calculator source: Real Geeks