41 Albert Street, Hamilton, Ontario L8M 2Y1

Listed for:
$3,199,000
17 beds
14 baths
Listed 27 days ago
Other for rent: 41 Albert Street, Hamilton, Ontario L8M 2Y1

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Learn more about this property
Listing provided by:
Trilliumwest Real Estate Brokerage
MLS® number:
X12375395
Agent:
Adam Elashmawy
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About

Gage Ave. S. & Main St. E. 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. Proformas for each strategy available upon request. 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:27476)

Property Highlights

MLS® Number
X12375395
Type
Multi-family
Community Name
Blakeley
Land Size
100.2 x 45.2 FT

Building

Building Type
Other
Storeys
3.00
Square Footage
5000 - 100000 sqft
Bathrooms Total
14
Bedrooms Above Ground
17
Bedrooms Total
17
Exterior Finish
Brick
Fireplace Present
Yes
Basement Type
N/A, N/A
Basement Features
Walk out, Apartment in basement
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Wall unit

Utilities

Water
Municipal water

Location