552 7TH Avenue Active

Hanover,ON N4N2J7

$ 849000

6 Beds

3 Baths

2200 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $385

Subdivision Hanover

MLS Listing ID 40748580

Bedrooms 6

Year Built 1912

Lot Size 9,670 Sqft

Property Sub-Type Freehold

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other,

Cooling None

Exterior

Parking Features No

View Y/N No

Building

Story 2

Sewer Municipal sewage system

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