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Home ON Grey County Hanover
552 7TH AVENUE
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552 7TH AVENUE $849,000
$849,000
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552 7TH AVENUE
Hanover, Ontario N4N2J7

MLS® Number: X12298874
6
Bedrooms
3
Bathrooms
2000 - 2500
Square Feet

Listing 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. (40934337)

Location Description

Bruce rd 10 and 13th St

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
Hanover
Land Size
66 x 153.2 FT
Annual Property Taxes
$4,696
Parking Type
No Garage
Time on REALTOR.ca
147 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
3
Interior Features
Appliances Included
Water meter
Basement Type
Unfinished
Building Features
Foundation Type
Concrete
Building Amenities
Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Heating & Cooling
Cooling
Wall unit
Fireplace
2
Fireplace Type
Insert
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
2000 - 2500 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
153 ft ,2 in
Other Property Information
Zoning Description
R1A11
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