552 7TH Avenue

$849,000

552 7TH Avenue

Hanover, Hanover, ON

Type
Multi-family
Status
Active
Bedrooms
6
Bathrooms
3
Living area
2,200 sqft
Year built
1912
MLS®
40836774

About this 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. (id:66946)

Features

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Listing courtesy of Bosley Real Estate Ltd.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.