view of side of home featuring brick siding and a chimney Features: fence, awning, lawn More Photos

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    For Sale - 581 7TH Avenue, Hanover, Ontario

    Est payment $1,676/mo
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    Views   3
    Time on Jump  29 day

    AI Summary *

    • Solid brick two-storey duplex with potential to convert back to single-family.
    • Upgrades include a durable steel roof and modernized upper deck.
    • Flexible occupancy options with one tenant moving out soon.
    • Spacious backyard with mature trees and covered front porch.
    • Walking distance to downtown with good rental return potential.




    Looking to expand your investment portfolio? This solid, brick two-storey offers options-it is currently configured as a duplex (one unit will be vacant end of april) but could easily be converted back to a single-family residence with the removal of one hallway wall. Upgrades include a durable superior steel roof (2021-with 50 year warranty), upper deck redone (2025), bradford natural gas power vent water heater (2021), windows (approx 2020), upstairs unit -paint, bathroom sink and toilet (2025). The main floor and upper units are both rented on a month-to-month basis with upstairs tenant leaving end of april, offering flexibility for owner occupancy. The main floor tenant is very good and takes care of lawn maintenance, gardens, and snow removal. This unit offers a living room, eat-in kitchen, bedroom, bathroom, office, and a storage room with access to the basment and attached garage/shed. This unit could use decor updates. Upstairs, you'll find a bright and welcoming unit with a living room, hall closet/workspace, and a sunny kitchen with access to a private deck. Heated by natural gas hot water boiler. Outside, enjoy a spacious backyard with mature trees, partially fenced, covered front porch, two storage sheds and parking for 3 cars. Walking distance to the downtown. Good rate of return at 6. 5%. See summer photos.
    Listing IDX12845074
    Address581 7TH Avenue
    CityHanover, Ontario
    Price$349,000
    Bed / Bath2 / 2 Full
    Style1 1/2 Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Water Heater OwnedOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling WaterHeating Fuel GasSewer Sewer

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    Listing Agency:  Royal LePage RCR Realty

    * 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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    581 7th Avenue
    Hanover , Ontario
    2 2 $349,000
    Get more info