41-43 Albert Street Hamilton, Ontario L8M 2Y1

Fully Air Conditioned Other

$3,700,000

13 unit - fully renovated building. 5.1 % cap rate - does not include rent for 1 unit as 1 unit is unregistered and needs complete renovation. Cap rate will increase once you are able to get the 13 unit legal and renovated. Hydro paid by tenants. 12 x 1 Bed, 1 x 4 Bed. Each unit has heat pump. All kitchens and bathrooms completely renovated (except 1 unit). Excellent tenants. Beautiful renovations completed. A long term hold building with all the heavy lifting completed. (id:46421)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X10406029
Property Type Multi-family
Community Name Blakeley
Amenities Near By Highway, Public Transit

Building

Appliances Dryer, Refrigerator, Two Stoves, Two Washers
Cooling Type Fully Air Conditioned
Heating Type Other
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 45 Ft ,1 In
Size Frontage 100 Ft ,2 In
Size Irregular 100.21 X 45.1 Ft
Size Total Text 100.21 X 45.1 Ft
Zoning Description D/s-1822

https://www.realtor.ca/real-estate/27613828/41-43-albert-street-hamilton-blakeley-blakeley

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