41-43 Albert St - Apartments FOR SALE


Hamilton, ON L8M 2Y2
$3,700,000 CAD
416-302-5464
41-43 Albert St, Hamilton, ON for Sale
$3,700,000 CAD
Apartments - FOR SALE
1/7
null | 5.4% Cap Rate

41-43 Albert St
Hamilton, ON L8M 2Y2


HIGHLIGHTS

  • Corner Building
  • Access to Transit
  • Parking Available

OVERVIEW

Welcome to 41-43 Albert Street, a 13 unit residential apartment building consisting of 12-1 bedroom apartments and 1-4 bedroom apartment of which 12 apartment units have been fully renovated and rented at market rents. Potential condo conversion as each apartment unit has a separate title. Renovations include all new laminate flooring, new light fixtures, stainless steel appliances, quartz countertops, and high end finishes throughout. Separate hydro meters for all units, Hydro paid by the tenant. Tremendous opportunity for the investor looking for the perfect Market Rent turn-key building! Municipal permit parking available. Easy access to public transit and all amenities.

FOR SALE DETAILS

PRICE

$3,700,000 CAD

PRICE/SF

$277 CAD /SF

# OF UNITS

13

PRICE/UNIT

$284,615

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

D/S-1822

APN/PARCEL ID

251803025207815

ASK ABOUT THIS PROPERTY

Joe MysakMysak Realty Inc BrokerageMore Info
416-302-5464

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Joe MysakMysak Realty Inc BrokerageMore Info
416-302-5464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.