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$ 1,950,000
Est. payment /mo
New
122 VICTORIA Avenue N Hamilton, ON L8L5E5
9 Beds
9 Baths
6,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $325
Subdivision 141 - Lansdale
MLS® Listing ID 40679781
Bedrooms 9
Originating Board The Oakville, Milton & District Real Estate Board
Property Description
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. (id:24570)
Location
State ON
Interior
Cooling Ductless, Wall unit
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 11
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold