35
See all 35 photos
$3,500,000
Est. payment /mo
16 BD
11 BA
9,117 SqFt
Price Dropped by $100K
41 ALBERT Street Hamilton, ON L8M2Y1
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 9,117 sqft
Price per Sqft $383
Subdivision 220 - St. Clair/Blakeley
MLS® Listing ID 40692762
Bedrooms 16
Originating Board Cornerstone - Waterloo Region
Property Sub-Type Freehold
Property Description
The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro. (id:24570)
Location
Province ON
Interior
Heating Heat Pump
Cooling None
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/7_11_12_43_albert_st_hamilton_on/
Listed by TrilliumWest Real Estate Brokerage