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427 13th Ave

13th Ave, Hanover, ON, N4N 2W4

7
Beds
1
Baths
2,402
Sq. Ft.
$699,900
List Price
Details
Photos
21
Comparables
History
427 13th Ave, Hanover, ON - 1 of 3
427 13th Ave, Hanover, ON - 2 of 3
427 13th Ave, Hanover, ON - 3 of 3
60 days on market

Quick Summary

  • Excellent income property with 4 rental units
  • Ample parking with 8 spots on corner lot
  • Recently updated exterior with new roof, soffits
  • Combination of 3 two-bedroom and 1 one-bedroom
  • Tenants pay own hydro, building has gas boiler
  • 3 units currently rented, 1 unit ready to rent
  • Fully rented, building nets $41,521.39 annually

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... Show More

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:54626)

Property Details

Size

2,402 sq. ft.
across 3 floors
7 Beds
1 Bath
1 Full

Parking

7 Parking Spaces
Detached Garage

Lot

Size
792′0″ * 1583′12″
Acres
-

Build

Year Built
1890
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Stone
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
-
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40622889
Last Updated
July 22, 2024
Brokerage
PEAK EDGE REALTY LTD., Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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