145 Victoria Avenue S Hamilton, Ontario L8N 2T1
$2,150,000
Rarely offered purpose-built legal 8-unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000m, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Don’t miss this exceptional investment opportunity with strong cash flow and long-term upside. (id:50787)
Property Details
| MLS® Number | 40681365 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre |
| Features | Laundry- Coin Operated |
| Parking Space Total | 8 |
Building
| Bathroom Total | 8 |
| Bedrooms Total | 14 |
| Basement Type | None |
| Cooling Type | Ductless, Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Stories Total | 3 |
| Size Interior | 7460 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 86 Ft |
| Size Frontage | 66 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | E |
https://www.realtor.ca/real-estate/27686766/145-victoria-avenue-s-hamilton
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 27 2024 12:04:18
Oakville, Milton & District Real Estate Board
Keller Williams Signature Realty, Brokerage