41 Albert Street Hamilton, Ontario L8M 2Y1

16 Bedroom 14 Bathroom 5,000 - 100,000 ft2
Fireplace Wall Unit Heat Pump, Baseboard Heaters

$2,988,000

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:47351)

Property Details

MLS® Number X12677702
Property Type Multi-family
Community Name Blakeley

Building

Bathroom Total 14
Bedrooms Above Ground 16
Bedrooms Total 16
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Wall Unit
Exterior Finish Brick
Fireplace Present Yes
Foundation Type Concrete, Block
Heating Fuel Electric
Heating Type Heat Pump, Baseboard Heaters
Stories Total 3
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Septic System
Size Depth 45 Ft ,2 In
Size Frontage 100 Ft ,2 In
Size Irregular 100.2 X 45.2 Ft
Size Total Text 100.2 X 45.2 Ft
Zoning Description D

https://www.realtor.ca/real-estate/29230843/41-albert-street-hamilton-blakeley-blakeley