41 Albert Street Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8M 2Y1
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,117 sqft
Price per Sqft $383
MLS Listing ID 40692762
Bedrooms 16
Abv Grd Liv Area 9,117
Originating Board Waterloo Region
Annual Tax Amount $15,192
Property Sub-Type Apartment
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.
Location
Province ON
County Hamilton
Area 22 - Hamilton Centre
Zoning D
Direction Gage Ave. S. & Main St. E.
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features Other
Heating Heat Pump
Cooling None
Fireplace No
Laundry Common Area
Exterior
Roof Type Flat
Lot Frontage 100.2
Lot Depth 45.19
Garage No
Building
Lot Description Other
Faces Gage Ave. S. & Main St. E.
Story 3
Foundation Block,Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Block,Stone
New Construction No
Others
Senior Community No
Tax ID 182530002
Ownership Freehold/None
Virtual Tour https://unbranded.youriguide.com/7_11_12_43_albert_st_hamilton_on/