Excellent opportunity to purchase a turn key income property. This 4 plex is situated on a corner lot in the town of Hanover. It has ample room for parking and currently accommodates 8 parking spots. The steel roof, soffit, fascia, eves and most windows were replaced approximately 13 years ago. The building consists of three two bedroom units and a one bedroom unit. Each unit pays their own hydro. There is a natural gas boiler that heats the building. Currently 3 of the units are rented and one unit just finished receiving updates and is ready to be rented out again. When fully rented the building will nets $41,521.39 a year. (id:48439)
MLS® Number | 40622889 |
Property Type | Multi-family |
Community Features | School Bus |
Parking Space Total | 7 |
Bathroom Total | 1 |
Bedrooms Total | 7 |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Constructed Date | 1890 |
Cooling Type | None |
Exterior Finish | Brick |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Stories Total | 3 |
Size Interior | 2402 Sqft |
Type | Fourplex |
Utility Water | Municipal Water |
Detached Garage |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 132 Ft |
Size Frontage | 66 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C1 |
https://www.realtor.ca/real-estate/27198721/427-13th-avenue-hanover
Contact us for more information
Ambrose Garvey
Broker of Record
(519) 506-7700
(519) 506-6700
www.peakedge.ca