552 7th AVE new

Hanover,ON N4N 2J7

$ 849000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Hanover

MLS Listing ID X12298874

Style 2-Storey

Annual Tax Amount $4,696

Tax Year 2024

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Grey County

Community Hanover

Area Grey County

Rooms

Bedrooms 6

Bathrooms 3.0

Family Room No

Kitchen 3

Interior

Cooling Wall Unit(s)

Fireplaces Type Fireplace Insert,Natural Gas

Exterior

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Building

Foundation Concrete

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