Carolyn Rouse

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145 VICTORIA AVENUE S, Hamilton, Ontario

$2,150,000

14 Beds
8 Baths

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. Dont miss this exceptional investment opportunity with strong cash flow and long-term upside. Financials available upon request. (id:23309)

Listing ID: X11176922
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Public Transit, Schools, Park
Community Features: Community Centre
Parking Spaces: 8
Transaction: For sale
Zoning Description: E

Building

Amenities: Separate Electricity Meters, Separate Heating Controls
Appliances: Dryer, Refrigerator, Stove, Washer
Bedrooms Main Level: 9
Bedrooms Lower Level: 5
Cooling: Wall unit
Exterior Finish: Brick
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 8
Heating: Baseboard heaters
Heating Fuel: Natural gas
Size Interior: 4999.958 - 99999.6672 sqft
Stories Total: 3
Type: Other
Utility Water: Municipal water

Land

Amenities: Hospital, Public Transit, Schools, Park
Sewer: Sanitary sewer
Size Frontage: 66 ft
Size Irregular: 66 x 86 FT

Listing provided by Keller Williams Signature Realty, Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 145 VICTORIA AVENUE S in Hamilton Ontario. It was last modified on December 12th, 2024. Contact Carolyn Rouse to schedule a viewing or to discover other Hamilton real estate for sale.

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