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$ 3,199,000
Est. payment /mo
New
41 Albert ST Hamilton, ON L8M 2Y1
17 Beds
14 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Blakeley
MLS Listing ID X12375395
Style 3-Storey
Bedrooms 17
Annual Tax Amount $15,192
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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
Location
Province ON
County Hamilton
Community Blakeley
Area Hamilton
Rooms
Family Room Yes
Basement Walk-Out, Apartment
Kitchen 13
Interior
Interior Features Other
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Other
Exterior
Pool None
Roof Type Flat
Lot Frontage 100.2
Lot Depth 45.19
Building
Foundation Concrete Block
Listed by Trilliumwest Real Estate Brokerage Ltd