41-43 Albert Street Hamilton, Ontario L8M 2Y1
$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:50886)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X10406029 |
| Property Type | Multi-family |
| Community Name | Blakeley |
| AmenitiesNearBy | Highway, Public Transit |
Building
| Appliances | Dryer, Refrigerator, Two Stoves, Two Washers |
| CoolingType | Fully Air Conditioned |
| HeatingType | Other |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 45 Ft ,1 In |
| SizeFrontage | 100 Ft ,2 In |
| SizeIrregular | 100.21 X 45.1 Ft |
| SizeTotalText | 100.21 X 45.1 Ft |
| ZoningDescription | D/s-1822 |
https://www.realtor.ca/real-estate/27613828/41-43-albert-street-hamilton-blakeley-blakeley
Interested?
Contact us for more information
Joe Mysak
Broker of Record
2358-A Bloor Street West
Toronto, Ontario M6S 1P3
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November 04 2024 07:01:48
Toronto Real Estate Board
Mysak Realty Inc.