$349,000
$349,000
Duplex581 7TH Avenue, Hanover, ON
2 DAYSon market
2Bedrooms
2Bathrooms
1Garage
1500-2000Sq Ft




















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Listed by Royal LePage RCR Realty
Listed by Royal LePage RCR Realty
Property Highlights
Garage
1 space
Property Tax
$2,104/yr
Age
100+ yrs
Lot Size
< .50 ac
Style
1 1/2 Storey
Basement
Unfinished
Monthly Cost
$1,649/mo
About This Home
Looking to expand your investment portfolio? This solid, brick two-storey offers options-it is currently configured as a duplex (one unit will be vacant end of April) but could easily be converted back to a single-family residence with the removal of one hallway wall. Upgrades include a durable Superior Steel Roof (2021-with 50 year warranty), upper deck redone (2025), Bradford natural gas power vent water heater (2021), windows (approx 2020), upstairs unit -paint, bathroom sink and toilet (2025). The main floor and upper units are both rented on a month-to-month basis with upstairs tenant leaving end of April, offering flexibility for owner occupancy. The main floor tenant is very good and takes care of lawn maintenance, gardens, and snow removal.This unit offers a living room, eat-in kitchen, bedroom, bathroom, office, and a storage room with access to the basment and attached garage/shed. This unit could use decor updates. Upstairs, you'll find a bright and welcoming unit with a living room, bedroom, hall closet/workspace, bathroom, and a sunny kitchen with access to a private deck. Heated by natural gas hot water boiler. Outside, enjoy a spacious backyard with mature trees, partially fenced, covered front porch, two storage sheds and parking for 3 cars. Walking distance to the downtown. Good rate of return at 6.5%. See summer photos.
Monthly Cost
Monthly Mortgage$1,474
Property Tax ($2,104/yr)$175
Total$1,649
Price & Listing History
Schools
Location
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