552 7th Avenue, Hanover, Ontario N4N 2J7

Listed for:
$849,000
6 beds
3 baths
Listed 105 days ago
Triplex for rent: 552 7th Avenue, Hanover, Ontario N4N 2J7

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About

Bruce rd 10 and 13th St 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:27476)

Property Highlights

MLS® Number
X12298874
Type
Multi-family
Community Name
Hanover
Land Size
66 x 153.2 FT
Parking Space Total
8

Building

Building Type
Triplex
Storeys
2.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Exterior Finish
Brick
Fireplace Present
Yes
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
Trilliumwest Real Estate Brokerage
MLS® number:
X12298874
Agent:
Wes Cressman
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