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    For Sale - 552 7th Avenue, Hanover, Ontario

    Est payment $4,077/mo
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    Views   2
    Time on Jump  241 day

    AI Summary *

    • Fully renovated triplex with 3 units, each having 2 bedrooms and 1 bathroom.
    • Total of 2200 SQFT, currently occupied at market rents.
    • Approved plans available to add 3 more units, doubling income potential.
    • Each unit has separate meters for easy management.
    • All groundwork is laid out for a seamless investment process.




    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.
    Listing IDX12298874
    Address552 7th Avenue
    CityHanover, Ontario
    Price$849,000
    Bed / Bath6 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    Land Size10110
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Separate Heating Controls, Separate Hydro MeterAmenities OtherOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  Trilliumwest Real Estate Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    552 7th Avenue
    Hanover , Ontario
    6 3 $849,000
    Get more info