Louis Whaling
Real Estate Broker Inc.
Real Estate Broker

182 12TH Street, Hanover, Ontario, N4N1T8

Property Type: Multi-family
Bedrooms: 8
Bathrooms: 6
Storeys: 3
Floor Space: 2358.0000
Land Size: under 1/2 acre

Price: $1,200,000.00

Excellent rate of return. This legal 6-plex is in great shape. 2 units have recently been remodeled and another 2 are currently under renovation. The steel roof was done in 2018. There are 4 - 1 bedroom apartments & 2 - 2 bedroom apartments. Fire inspection done in 2020, large onsite parking lot. All tenants pay for own hydro. 4 tenants pay for own heat. Once the two units that are under renovation are completed this property will net over $66,000 a year. For a cap rate of over 5.5%. Call for full details. (id:22352)





Rooms


Building Information

Bedrooms
: 8
Total Bathroom
: 6
Partial Bathroom
: 0
Cooling Type
: None
Stories
: 3
Exterior Finish
: Brick
Foundation Type
: Stone

Property Information

Transaction Type: For sale
Ownership Type: Freehold
Title: Freehold
Sewer: Municipal sewage system
Utility Water: Municipal water

Land Information

Features: Crushed stone driveway, Country residential, Laundry- Coin operated

Other Information

Ammenities NearBy: Shopping

Location:

Address: 182 12TH Street, Hanover, Ontario, N4N1T8
Location Information: 182 12th Street, Hanover (West of 7th Ave)