Matthew Tenk
Broker of Record
41-43 Albert Street Hamilton (Blakeley), 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:39551)
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 |
| Fireplace Present | No |
| 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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Toronto Real Estate Board
Mysak Realty Inc.
November 04 2024 07:01:48
