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

Team Mosaic

+1(519) 573-0371
$ 849,000
Est. payment | /mo

6 Beds

3 Baths

2,200 SqFt

Save
$ 849,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $385

MLS Listing ID 40748580

Bedrooms 6

Abv Grd Liv Area 2,200

Year Built 1912

Annual Tax Amount $4,696

Lot Size 9,670 Sqft

Acres 0.222

Property Sub-Type Multi-3 Unit

Source Cornerstone

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

Area Hanover

Zoning R1A11

Direction Bruce rd 10 and 13th St

Rooms

Basement Separate Entrance, Full, Unfinished

Kitchen 0

Interior

Interior Features Brick & Beam, None

Heating Natural Gas, Radiator, Other

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 66.0

Lot Depth 153.0

Garage No

Building

Lot Description Rectangular, City Lot

Faces Bruce rd 10 and 13th St

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 372050059

Ownership Freehold/None

Listed by TrilliumWest Real Estate Brokerage

Nearby Locations

GET MORE INFORMATION

Team Mosaic
Team Mosaic

Team | License ID: 5005399

+1(519) 573-0371 | cahit.tutak@exprealty.com

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552 7th Avenue