
Triplex For Sale
$849,000
MLS® Number: X12298874
Bedrooms
6
Bathrooms
3
Triplex For Sale
$849,000
Bedrooms
6
Bathrooms
3
552 7TH AVENUE, Hanover, Ontario
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.
Property Details
Interior Details
Appliances
Water meter
Basement
Unfinished, N/A
Bathrooms Total
3
Bedrooms Total
6
Cooling
Wall unit
Fireplace Features
Insert
Fireplace
True
Fireplaces Total
2
Heating
Radiant heat, Natural gas
Building & Exterior
Building Features
Separate Electricity Meters, Separate Heating Controls, Fireplace(s)
Exterior Features
Brick
Foundation Details
Concrete
Parking Features
No Garage
Stories
2.0
Land & Location
City Region
Hanover
Frontage Length
66.0 feet
Lot Size Dimensions
66 x 153.2 FT
Postal Code
N4N2J7
Listing & Financials
Listing Office
Trilliumwest Real Estate Brokerage
Originating System Name
OnePoint Association of REALTORS®
Other Specifications
Country
Canada
Parking Total
8
Listed By
Trilliumwest Real Estate Brokerage
Mortgage Calculator
Estimated Monthly Payment
$4,171
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,171
Principal and interest only. Actual rates may vary.