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. (id:61015)
| MLS® Number | 40829638 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1914 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,570 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
| Open |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 90 Ft |
| Size Frontage | 34 Ft |
| Size Irregular | 0.07 |
| Size Total | 0.07 Ac|under 1/2 Acre |
| Size Total Text | 0.07 Ac|under 1/2 Acre |
| Zoning Description | D |
https://www.realtor.ca/real-estate/29754882/5-maplewood-avenue-hamilton
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman