Type: Brick
Style: 3-Storey
Size: Sq Ft
Age: Years
Taxes: $ 17,254 ( 2024)
Updated: 2025-03-24 15:55:40
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. 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). Unit 5 vacant, Unit 6 vacant Apr 1. 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. Appraised for $2,050,000 in 2024.
Status:
MLS #: X11997685
Price: $ 1,690,000
Address: 122 Victoria Avenue
Type:
Style: 3-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 17,254
Tax Year: 2024
Lot Size:
Neighbourhood: Landsdale
Nearest Intersection: Main St E / Victoria Ave N
City: Hamilton
Postal Code: L8L 5E5
DOM: 103 Days
Last Update: 2025-03-24 15:55:40
Bedrooms: 9
Bathrooms: 9
Rooms: 0
Kitchens:
Family Room:
Fireplace:
Basement: None,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Private Double
Garage Spaces:
Parking Spaces: 11
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type:
Heat Source:
Air Conditioning:
Water:
Sewers: