5 Maplewood Avenue, Hamilton, ON L8M 1W3

Listing courtesy of REAL ESTATE ADVISORS INC..

$899,900
4
BD
4
BA
2,000
SqFt

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List Price
$899,900
MLS®
X13614392
Days on Market
63
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Bedrooms
4
Bathrooms
4
Living Area
2,000
Subdivision
Sherman Ave/Main St. E.

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%.

Additional Information

Subdivision
Sherman Ave/Main St. E.
Parking Spaces
3
Fireplace Features
Electric
Country
CA
Sewer
Sewer
Roof
Asphalt Shingle

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Calculator source: Real Geeks