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Home ON Hanover
297 6TH Street
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297 6TH Street $1,375,000
$1,375,000
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297 6TH Street
Hanover, Ontario N4N1C3

MLS® Number: 40490547
8
Bedrooms
8
Bathrooms
4800
Square Feet

Listing Description

Over 7% cap rate on this purpose built clean 8-plex. Stable tenants who pay their own separately metered hydro, many improvements, some units have been updated and modernized, new roof. Rents are below market value and there is room for future rent increases. Potential vendor take back for qualified buyers. No financial disclosures without a signed NDA. (66589957)

Location Description

297 6th Street, Hanover ON, N4N 1C3

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
4800 sqft
Subdivision Name
Hanover
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$9,000
Total Parking Spaces
8
Time on REALTOR.ca
284 days

Building

Bathrooms
Total
8
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Foundation Type
Poured Concrete
Construction Material
Concrete block, Concrete Walls
Total Units
8
Heating & Cooling
Cooling
None
Heating Type
(Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete
Neighbourhood Features
Amenities Nearby
Playground
Parking
Total Parking Spaces
8

Measurements

Square Footage
4800 sqft
Above Grade Finished
4800 sqft
Source: Other

Land

Lot Features
Frontage
54 ft
Land Depth
115 ft
Other Property Information
Zoning Description
R5
Data provided by: REALTORS® Association of Grey Bruce Owen Sound 517 10th Street, Lower Level, HANOVER, Ontario N4N 1R4

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