427 13TH Avenue, HANOVER

2024-07-21
 

Quick Summary

Location
427 13TH Avenue, HANOVER, Ontario N4N2W4
Price
$699,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2402ft2
Bedrooms:
7
Bathrooms:
1
Year of Construction:
1890

MLS®#40622889

Property Description

Excellent opportunity to purchase a turn key income property. This 4 plex is situated on a corner lot in the town of Hanover. It has ample room for parking and currently accommodates 8 parking spots. The steel roof, soffit, fascia, eves and most windows were replaced approximately 13 years ago. The building consists of three two bedroom units and a one bedroom unit. Each unit pays their own hydro. There is a natural gas boiler that heats the building. Currently 3 of the units are rented and one unit just finished receiving updates and is ready to be rented out again. When fully rented the building will nets $41,521.39 a year. (id:32467)

Property Features

Building

  • Basement Development: Unfinished
  • Basement Type: Full (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 2402 sqft
  • Building Type: Fourplex
  • Stories: 3
  • Utility Water: Municipal water

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: C1

Information entered by PEAK EDGE REALTY LTD., Brokerage
Listing information last updated on: 2024-07-22 14:35:43


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