16 Beds 14 Bath

41 Albert Street, Hamilton, ON L8M 2Y1

Hamilton L8M 2Y1 Ontario

MLS: X12677702

$2,988,000

Added 18 hours ago | For Sale

Listed by: Trilliumwest Real Estate Brokerage

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:14
  • Land Size: 100.2 X 45.19
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Gage Ave. S. & Main St. E.
  • Basement:Apartment , Apartment
  • Possession Date:Immediate
  • Annual Property taxes: $15192
  • Bedrooms:16
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12677702

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