$1,690,000
Available - For Sale
Listing ID: X11997681
122 VICTORIA Aven North , Hamilton, L8L 5E5, Hamilton
| 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. |
| Price | $1,690,000 |
| Taxes: | $17254.15 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 122 VICTORIA Aven North , Hamilton, L8L 5E5, Hamilton |
| Postal Code: | L8L 5E5 |
| Province/State: | Hamilton |
| Legal Description: | LOT 137, PLAN 223, NORTH SIDE OF KING ST |
| Directions/Cross Streets: | Main St E to Victoria Aenue N |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 6000.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 51-99 |
| Water Expense: | $6062 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary Availa |
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| Keller Williams Signature Realty, Brokerage |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Landsdale |
| Approximate Age: | 51-99 |
| Tax: | $17,254.15 |
| Fireplace: | N |
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