6 Beds 3 Bath

552 7th Avenue, Hanover, ON N4N 2J7

Hanover N4N 2J7 Ontario

MLS: X12298874

$849,000

Added 49 days ago | For Sale

Listed by: Trilliumwest Real Estate Brokerage Ltd

About Property

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.

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 66 X 153.19
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Bruce rd 10 and 13th St
  • Basement:Unfinished , Unfinished
  • Possession Date:Immediate
  • Annual Property taxes: $4696
  • Bedrooms:6
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12298874

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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