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$1,950,000
Available - For Sale
Listing ID: X10441711
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.
Price $1,950,000
Taxes: $17,254
Address: 122 Victoria Ave North , Hamilton, L8L 5E5, Ontario
Lot Size: 54.55 x 156.1 (Feet)
Directions/Cross Streets: Main St E / Victoria Ave N
Rooms: 27
Bedrooms: 9
Washrooms: 9
Kitchens: 9
Family Room: N
Basement: None
No. of Pieces Level
Washroom 1:  4 Ground
Washroom 2:  4 2nd
Washroom 3:  4 3rd
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 11
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Baseboard
Central Air Conditioning: Wall Unit
Sewers: Sewers
Water: Municipal
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KELLER WILLIAMS SIGNATURE REALTY

122 Victoria Ave North , Hamilton, L8L 5E5, Ontario


 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Landsdale
Style: 3-Storey
Lot Size: 54.55 x 156.10(Feet)
Approximate Age:
Tax: $17,254
Maintenance Fee: $0
Beds: 9
Baths: 9
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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