552 7TH Avenue, Hanover, Ontario N4N2J7

Listing courtesy of Bosley Real Estate Ltd..

$849,000
6
BD
3
BA
2,200
SqFt

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List Price
$849,000
Status
ACTIVE
Days on Market
99
MLS® #
CornerstoneAssociationofREALTORS-40836774
Year Built
1912
Bedrooms
6
Bathrooms
3
Living Area
2,200
Lot Size
9,670
Acres
0.22
Subdivision
Hanover
Neighborhood
Hanover

Property Description

Amazing investment opportunity. A fully-renovated triplex, offering a total of 3 units, each with 2 bedrooms and 1 bathroom, spanning 2200 SQFT. This property is not only occupied at market rents per unit but also comes with approved site plans to add 3 more units, doubling the income potential. Additional features include separate meters for each unit, fully renovated with new windows in the existing triplex. Building plans, permits, and a detailed proforma are readily available. This is a prime investment opportunity for both new and seasoned investors, with all the groundwork already laid out. 2021 narrative appraisal completed for potential 3 unit addition available upon request. (id:5764)

Additional Information

Exterior Features
Brick
Taxes
$4,696
Community Features
Hanover
Heating
Natural gas, Other
Air Conditioning
None
Stories
2
Foundation
Stone
Parking Features
Open

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Calculator source: Real Geeks