1 of 25 - 552 7th Avenue, Hanover, Ontario
2 of 25 - 552 7th Avenue, Hanover, Ontario
3 of 25 - 552 7th Avenue, Hanover, Ontario
4 of 25 - 552 7th Avenue, Hanover, Ontario
5 of 25 - 552 7th Avenue, Hanover, Ontario
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552 7th Avenue, Hanover, Ontario

$849,000

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6

Beds

3

Baths

About 552 7th Avenue

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. (id:6289)

Features of 552 7th Avenue

Listing # X12298874
Price $849,000
Bedrooms 6
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 552 7th Avenue
Subdivision Hanover
City Hanover
Province Ontario
Postal Code N4N2J7

Amenities

Amenities Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Parking Spaces 8
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter
Heating Natural gas Radiant heat
Cooling Wall unit
Fireplace Yes
# of Fireplaces 2
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick
Lot Description 66 x 153.2 FT
Foundation Concrete

Listing Details

OfficeTrilliumwest Real Estate Brokerage Ltd

Listing Map

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