5 MAPLEWOOD AVENUE, Hamilton (Blakeley)

$899,900

For sale: Multiplex

Property type
Multi-family
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS number
MLS® X13133656
Neighbourhood
Blakeley
Multiplex at 5 MAPLEWOOD AVENUE, Hamilton (Blakeley)

Great investment opportunity in the heart of Hamilton! This well-maintained triplex at 5 Maplewood offers strong income potential with three legal self-contained units plus an additional 4th unit currently in place (non-conforming/non-legal). Ideal for investors looking to expand their portfolio or buyers seeking multi-generational living with mortgage-helper income. Features include spacious units, separate entrances, ample parking, and a functional layout. All units are beautifully renovated and have their own ensuite laundry! Conveniently located close to transit, schools, parks, shopping, and major highway access. Excellent cash flow potential in a high-demand rental area cap rate of 8%. Conveniently located near public transit, schools, parks, restaurants, shopping centres, and everyday amenities, with quick access to major highways for easy commuting. Just minutes from downtown Hamilton, trails, recreation facilities, and vibrant local shops and cafes. Excellent cash flow potential in a high-demand rental area. Unit 1 - 1 bed Unit 2 - 2 bed Unit 3 - Bachelor unit 4 - 1 bed