41 ALBERT Street new

Hamilton,ON L8M2Y1

$ 3199000

16 Beds

11 Baths

9117 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 9,117 sqft

Price per Sqft $350

Subdivision 220 - St. Clair/Blakeley

MLS Listing ID 40764997

Bedrooms 16

Property Sub-Type Freehold

Source Cornerstone Association of Realtors

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. 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:24570)

Location

Province ON

Rooms

Kitchen 0.0

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

View More
Favorite Go Tour