122 Victoria Avenue , Hamilton, ON L8L 5E5
Hamilton, ON L8L 5E5
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. Financials available upon request.
Details
| MLS# | X10441711 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 59 |
| Listing Provided By | Keller Williams Signature Realty, Brokerage | Not Provided |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 9 |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Zip Code | L8L 5E5 |
| Area | Landsdale |
| Listing VS Median (in L8L 5E5) | |
Price: $1,895,000 low | high Med: $1,895,000 On Site: 59 low | high Med: 59.000000 | |