427 13th Avenue Hanover, Ontario N4N 2W4
$699,900
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:42776)
Property Details
| MLS® Number | 40622889 |
| Property Type | Multi-family |
| Community Features | School Bus |
| Parking Space Total | 7 |
Building
| 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 |
Parking
| Detached Garage |
Land
| 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
425 7th Avenue
Hanover, Ontario N4N 2J3
(519) 506-7700
(519) 506-6700
www.peakedge.ca
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July 22 2024 02:35:43
REALTORS® Association of Grey Bruce Owen Sound
Peak Edge Realty Ltd., Brokerage