Excellent opportunity to own a fully renovated, turnkey multi-residential building in Hamilton. 127 Victoria Ave S offers 11 self-contained residential units with strong rental income, separate hydro and gas meters, in-suite laundry, and modernized mechanicals throughout. The building was extensively rebuilt approximately 5 years ago, including major upgrades to units, systems, windows, doors, lighting, plumbing, electrical, and mechanical components. This is a clean, low-maintenance asset ideal for investors seeking stable income with upside. Current rental income is strong, with additional potential to increase revenue through future rent growth and the possible conversion of existing storage space into an additional bachelor unit. A rare opportunity to acquire a well-improved income property in a central Hamilton location close to transit, downtown, hospitals, schools, and amenities. (id:4555)
PROPERTY SPECS
Price $2,799,900
City Hamilton, Ontario
Bed / Bath 17 / 11 Full
Address 127 Victoria Avenue
Listing ID X13123732
Style Other
Type Multi-Family
Status For Sale
EXTENDED FEATURES
OwnershipFreeholdBasementNoneHeating / CoolingForced air, Natural gasSewerSeptic System