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$699,900
Status: For Sale
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.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40622889 |
| Listing Type | :Sale |
| Property Age | :100+ Years years |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (39 Days ago) |
| Source | :Grey Bruce Owen Sound |
| Area | :Grey County |
|---|---|
| City | :Hanover |
| Area Major | :Hanover |
| Area Minor | :Hanover |
| Postal Code | :
N4N 2W4
|
| Directions | :427 13th Ave, Hanover |
| Price | : $699,900 |
|---|---|
| Property Taxes | :$3930.11 |
| Tax Year | :2023 |
|---|
| Bedrooms | :7 + |
|---|---|
| Heating | :Natural Gas |
| Place of Worship | :No |
| Bathrooms | :1 |
|---|---|
| Approx Square Footage | :2402 sqft |
| Parking Space | :7 |
|---|---|
| Basement | :Full |
| Garage | :1 |
|---|
22 Jul, 2024
TREB #40622889
Price Increase
$699900
