552 7th Avenue, Hanover, ON, N4N 2J7

CAD 849,000
For Sale MLS: 40836774

Property Details

Bedrooms

6

Bathrooms

3

Property Type

Multi-3 Unit

Description

Property Details: - Type: Multi-3 Unit - Bedrooms: 6 - Bathrooms: 3 - MLS#: 40836774 Listed By: TRILLIUMWEST REAL ESTATE BROKERAGE

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. This multi-3 unit home located at 552 7th Avenue, Hanover is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $849,000 with an estimated mortgage of $3,125* per month. It has 6 beds, 3 bathrooms, and is 2,200 square feet. The property was built in 1912. 552 7th Avenue, Hanover is in the Hanover neighborhood Hanover. Rural West Grey is a nearby neighborhood.

Location

Address

552 7th Avenue, Hanover, ON, N4N 2J7

City

Hanover

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