427 13TH Avenue Hanover

427 13TH Avenue, Hanover, Ontario

$699,900

  • 7 Beds
  • 1 Bath
  • 2,402 Square Feet

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:56241)

  • Listing ID: 40622889
  • Property Type: Multi-family
  • Year Built: 1890

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Details

  • Community Features: School Bus
  • Ownership: Freehold
  • Parking Spaces: 7
  • Transaction: For sale
  • Zoning Description: C1

Building

  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 1890
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 1
  • Heating Fuel: Natural gas
  • Size Interior: 2402 sqft
  • Stories Total: 3
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 66 ft
MLS®

Listing provided by PEAK EDGE REALTY LTD., Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 427 13TH Avenue in Hanover Ontario, was last modified on July 21st, 2024. Contact Sheila Shepherd to schedule a viewing or to find other properties for sale in Hanover.

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