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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

552 7TH Avenue | Sanket Patel Calgary REALTOR(R)

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$849,000

For Sale

6 bed · 3 bath

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For Sale

$849,000

MLS® 40836774

552 7TH Avenue

Hanover, Ontario, N4N2J7

Beds / Baths: 6 bed · 3 bath
Interior: 2,200 sqft
Property type: Multi-family
Building: Multi-family
Year built: 1912
Lot size: 0.222 acres

Property facts

Beds / Baths: 6 bed · 3 bath
Interior: 2,200 sqft
Property type: Multi-family
Building: Multi-family
Transaction: For Sale
Year built: 1912
Lot size: 0.222 acres
Parking: 8
Ownership: Freehold

About this property

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:53361)

Features & details

Sewer: Municipal sewage system
Water: Municipal water
Cooling: None
Heating: Natural gas, Other
Parking: Open
Basement: Unfinished, Full
Exterior: Brick
Fireplace: false
Zoning: R1A11
Photos Count: 24
Tax Annual Amount: 4696.43
Originating System: Cornerstone Association of REALTORS®
Number Of Units Total: 3
Internet Address Display: true

Location

552 7TH Avenue, Hanover, Ontario, N4N2J7

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