Type: Multiplex
Style: 3-Storey
Size: Sq Ft
Age: Years
Taxes: $17,254 (2024)
Updated: 2024-12-18 11:34:22
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.
Status: Sale
MLS #: X10441711
Price: $1,950,000
Address: 122 Victoria Ave N
Type: Multiplex
Style: 3-Storey
Size: Sq Ft
Age: Years
Front On: E
Taxes: $17,254
Tax Year: 2024
Lot Size: 55 x 156 Feet
Neighbourhood: Landsdale
Nearest Intersection: Main St E / Victoria
City: Hamilton
Postal Code: L8L 5E5
DOM: 8 Days
Last Update: 2024-12-18 11:34:22
Bedrooms: 9
Bathrooms: 9
Rooms: 27
Kitchens: 9
Family Room: N
Fireplace: N
Basement: None,
Central Vacuum:
Exterior: Brick,
Driveway: Pvt Double
Garage: None
Garage Spaces: 0
Parking Spaces: 11
Pool: None
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Baseboard
Heat Source: Gas
Air Conditioning: Wall Unit
Water: Municipal
Sewers: Sewers