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$ 849,000
Est. payment /mo
Active
552 7TH Avenue Hanover, ON N4N2J7
6 Beds
3 Baths
2,200 SqFt
UPDATED:
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
Acres 0.222
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
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
Total Parking Spaces 8
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by TrilliumWest Real Estate Brokerage