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:40227)
MLS® Number | 40764997 |
Property Type | Multi-family |
BathroomTotal | 11 |
BedroomsTotal | 16 |
BasementDevelopment | Finished |
BasementType | Full (finished) |
ConstructionMaterial | Concrete Block, Concrete Walls |
CoolingType | None |
ExteriorFinish | Concrete, Stone |
FoundationType | Block |
HeatingType | Heat Pump |
StoriesTotal | 3 |
SizeInterior | 9117 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
SizeDepth | 45 Ft |
SizeFrontage | 100 Ft |
SizeTotalText | 1/2 - 1.99 Acres |
ZoningDescription | D |
https://www.realtor.ca/real-estate/28799535/41-albert-street-hamilton
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