552 7th Ave

Hanover, Hanover, N4N 2J7
FOR SALE
$899,000
Terminated
$0
552 7th Ave, Hanover
552 7th Ave
552 7th Ave
552 7th Ave
552 7th Ave
552 7th Ave
552 7th Ave
552 7th Ave
552 7th Ave
552 7th Ave
6
BEDROOMS
3
BATHROOMS
3
KITCHENS
6
ROOMS
X6747360
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-16 2023-10-18 63 $899,000 - Terminated
Property Description
Amazing invstesment opportunity. A fully-renovated triplex, priced at $899K, 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 of $1700 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 and more windows available for the planned units. 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.
Property Details
Street
Community
Property Type
Triplex, 2-Storey
Lot Size
66' x 153'
Fronting
West
Taxes
$4,210 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Other
Garage Type
None
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