5 Maplewood Avenue, Hamilton, Ontario L8M 1W3

Listed for:
$899,900
4 beds
4 baths
Listed 19 days ago
Triplex for rent: 5 Maplewood Avenue, Hamilton, Ontario L8M 1W3

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About

Cross Streets: Sherman ave/Main St. E. ** Directions: Main st to Sherman ave. 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:27476)

Property Highlights

MLS® Number
X13614392
Type
Multi-family
Community Name
Blakeley
Land Size
34.5 x 90 FT
Parking Space Total
3

Building

Building Type
Triplex
Storeys
2.50
Square Footage
2000 - 2500 sqft
Bathrooms Total
4
Bedrooms Above Ground
3
Bedrooms Total
4
Amenities
Fireplace(s)
Exterior Finish
Brick
Fireplace Present
Yes
Basement Type
N/A, N/A
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
REAL ESTATE ADVISORS INC.
MLS® number:
X13614392
Agent:
Richard Chhabra
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