ONGrey CountyHanover552 7th Avenue
552 7th Avenue
Interior view
Interior view
25
Expired
Triplex

552 7th Avenue

Hanover, ON, N4N 2J7

Triplex
Area
2000-2500 sq.ft
Bed
6
Bedrooms
Bath
3
Bathrooms
Parking
8
Single Garage
Expired

Property Description

Original Remarks

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.

PROPERTY HISTORY

552 7th Avenue

Type:Triplex
Style:2-Storey
Size Range:2000-2500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12298874
Community:Hanover
Days on Market:-
Year Built:-
Age range:-
Basement:Unfinished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$4,696/yr (2024)
Municipality:Hanover
Lot Size:66.00 x 153.19 Feet

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