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:4069)
Address
41-43 ALBERT Street
List Price
$2,988,000
Property Type
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
16
Bathrooms
11
Floor Area
9,117 Sq. Ft.
MLS® Number
40796932
Listing Brokerage
Royal LePage Wolle Realty
Basement Area
Full (Finished)
Postal Code
L8M2Y1
Zoning
D
