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:51648)
| MLS® Number | 40679781 |
| Property Type | Multi-family |
| Amenities Near By | Park, Public Transit, Shopping |
| Community Features | High Traffic Area |
| Features | Laundry- Coin Operated |
| Parking Space Total | 11 |
| Bathroom Total | 9 |
| Bedrooms Total | 9 |
| Basement Type | None |
| Cooling Type | Ductless, Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Stories Total | 3 |
| Size Interior | 6,000 Ft2 |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 156 Ft |
| Size Frontage | 55 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D |
https://www.realtor.ca/real-estate/27675783/122-victoria-avenue-n-hamilton
Contact us for more information
Jake Novis
Salesperson
(905) 844-7788
(905) 784-1012