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41 Albert Street Hamilton, Ontario L8M 2Y1

16 Bedroom 11 Bathroom 9117 sqft
None Heat Pump

$3,199,000

Presenting on behalf of the Lender in Possession through Power of Sale: an exceptional opportunity to acquire a 13-unit, condominiumized multi-residential property at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro. (id:46441)

Property Details

MLS® Number 40764997
Property Type Multi-family

Building

Bathroom Total 11
Bedrooms Total 16
Basement Development Finished
Basement Type Full (finished)
Construction Material Concrete Block, Concrete Walls
Cooling Type None
Exterior Finish Concrete, Stone
Foundation Type Block
Heating Type Heat Pump
Stories Total 3
Size Interior 9117 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 45 Ft
Size Frontage 100 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description D

https://www.realtor.ca/real-estate/28799535/41-albert-street-hamilton

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