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:63008)
| 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
Samantha Ramos
Salesperson