$849,000
$849,000
Triplex552 7th Avenue, Hanover, ON
154 DAYSon market
6Bedrooms
3Bathrooms
0Garage
2000-2500Sq Ft
1 / 25
Listed by Trilliumwest Real Estate Brokerage Ltd
Listed by Trilliumwest Real Estate Brokerage Ltd
Property Highlights
Parking
8 spaces
Property Tax
$4,696/yr
Lot Size
10,111 sqft
Fireplace
2 fireplaces
Style
2-Storey
Basement
Unfinished
Monthly Cost
$3,976/mo
About This Home
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.
Monthly Cost
Monthly Mortgage$3,585
Property Tax ($4,696/yr)$391
Total$3,976
Price & Listing History
Schools
Location
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