5 MAPLEWOOD AVENUE, Hamilton (Blakeley)
$899,900
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 4 bedrooms, 4 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13614392
- Neighbourhood
- Blakeley
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%.
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