122 VICTORIA Avenue N new

Hamilton,ON L8L5E5

$ 1950000

9 Beds

9 Baths

6000 SqFt


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

Province ON

Interior

Cooling Ductless,Wall unit

Exterior

Garage No

Community Features High Traffic Area

Waterfront No

View Y/N No

Total Parking Spaces 11

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

View More
Favorite Go Tour