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122 Victoria Avenue N Hamilton, Ontario L8L 5E5

9 Bedroom 9 Bathroom
Wall Unit Baseboard Heaters

$1,950,000

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. Financials available upon request. (id:58671)

Property Details

MLS® Number X10441711
Property Type Multi-family
Community Name Landsdale
ParkingSpaceTotal 11

Building

BathroomTotal 9
BedroomsAboveGround 9
BedroomsTotal 9
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
CoolingType Wall Unit
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Baseboard Heaters
StoriesTotal 3
Type Other
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 156 Ft ,1 In
SizeFrontage 54 Ft ,6 In
SizeIrregular 54.55 X 156.1 Ft
SizeTotalText 54.55 X 156.1 Ft
ZoningDescription D

https://www.realtor.ca/real-estate/27732828/122-victoria-avenue-n-hamilton-landsdale-landsdale

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