41 Albert Street Hamilton, Ontario L8M 2Y1

$3,400,000

The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity toacquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positionedfor a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize thecondominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exitstrategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one largerenovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartzcountertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump forheating and cooling, separate hydro meters, with tenants paying for their own hydro. (id:42029)

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https://www.realtor.ca/real-estate/28074259/41-albert-street-hamilton