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:4555)
PROPERTY SPECS
Price $899,900
City Hamilton, Ontario
Bed / Bath 4 / 4 Full
Address 5 Maplewood Avenue
Listing ID X13614392
Style Triplex
Fireplace 2.00
Parking 3.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
FeaturesCarpet Free, In-Law SuiteOwnershipFreeholdBasementApartment in basement, Separate entrance, N/AHeating / CoolingRadiant heat, Natural gasSewerSanitary sewerParking3.00