122 Victoria Avenue

For Sale
15.91 BTC
122 Victoria Avenue, Hamilton
122 Victoria Avenue
122 Victoria Avenue
122 Victoria Avenue
122 Victoria Avenue
122 Victoria Avenue
122 Victoria Avenue
122 Victoria Avenue
122 Victoria Avenue
9
BEDROOMS
9
BATHROOMS
9
KITCHENS
27
ROOMS
X11997685
MLSID
Contact Us
Property 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. 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.
Nearby Intersections
Property Features
Separate Hydro Meter, Separate Heating Controls, Private Double
Property Details
Property Type
Multiplex
Lot Size
55' x 156'
Taxes
$17,254 (2024)
Basement
None
Exterior
Awnings
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
11
Garage Type
None
Listing contracted with Keller Williams Signature Realty, Brokerage
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
0