Louis Whaling
Real Estate Broker Inc.
Real Estate Broker

249-255 9TH Street, Hanover, Ontario, N4N1L3

Property Type: Multi-family
Bedrooms: 17
Bathrooms: 8
Storeys: 3
Floor Space: 6800.0000
Land Size: under 1/2 acre

Price: $1,399,900.00

INVESTMENT OPPORTUNITY. Bricked 8-plex with steel roof within walking distance to downtown amenities of Hanover. This well-maintained building is fully rented with large parking lot and extra garage. Front 4 units with 1130 sq ft -each unit is 2 storey with front and back porches, main floor living room, dining room and kitchen. Upstairs with 3 bedrooms and one bathroom plus stairs to attic for extra storage. These front units all have original wood flooring and trim. 4 lower level units with entrance from back parking lot and entrance into common laundry area, each with kitchen/living room, one bedroom plus den. Common area with coin operated laundry. Good rate of return, fire inspection complete, full financials available, all tenants pay their own heat/hydro. Clarification of financials: Repair and maintenance includes lawn care, plumbing, snow removal and fire code updates. Utilities include sewer, water, electricity and garbage. Fire inspection was done. Financials were provided by accountant but laundry money is estimated. (id:47260)


Building Information

: 17
Total Bathroom
: 8
Partial Bathroom
: 0
Heating Fuel
: Electric
Heating Type
: Baseboard heaters
Cooling Type
: None
: 3
Exterior Finish
: Brick

Property Information

Transaction Type: For sale
Ownership Type: Freehold
Title: Freehold
Sewer: Municipal sewage system
Utility Water: Municipal water
Structure: Shed
Appliances: Water softener

Land Information

Landscape Features: Landscaped
Features: Laundry- Coin operated

Other Information

Ammenities NearBy: Playground, Shopping


Address: 249-255 9TH Street, Hanover, Ontario, N4N1L3
Location Information: 249-255 9th St Hanover