122 Victoria Avenue N Hamilton, Ontario L8L 5E5

$1,895,000

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:57069)

Property Details

MLS® Number	X10441654
Property Type	Multi-family
Community Name	Landsdale
Amenities Near By	Highway, Public Transit
Features	Laundry- Coin Operated
Parking Space Total	11

Building

Bedrooms Total	9
Amenities	Separate Heating Controls
Appliances	Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Cooling Type	Partially Air Conditioned
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Size Exterior	6000 Sqft
Size Interior	6,000 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Highway, Public Transit
Size Depth	156 Ft ,1 In
Size Frontage	54 Ft ,6 In
Size Irregular	Bldg=54.55 X 156.1 Ft
Size Total Text	Bldg=54.55 X 156.1 Ft
Zoning Description	D

https://www.realtor.ca/real-estate/27675783/122-victoria-avenue-n-hamilton-landsdale-landsdale