41-43 Albert St
Hamilton, L8M2Y1
For Sale
$3,700,000
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➧
Apartment
CATEGORY9,117 Sq Ft
OFFICE/APT AREAX10406029
MLSIDContact Us
Property Description
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.
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Property Details
Category
Apartment
Usage
Apts-13 To 20 Units
Zoning
D/S-1822
Office/Apartment Area
9,117 Sq Ft
Lot Size
100' x 45'
Taxes
$4,485 (2024)
Air Conditioning
Yes
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Listing contracted with Mysak Realty Inc.
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