122 VICTORIA AVENUE N Active

Hamilton (landsdale),ON L8L5E5

$ 1950000

9 Beds

9 Baths

6000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $325

Subdivision Landsdale

MLS Listing ID X10441654

Bedrooms 9

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. 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:24570)

Location

Province ON

Interior

Heating Radiant heat

Cooling Wall unit

Exterior

Parking Features No

View Y/N No

Building

Sewer Sanitary sewer

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