182 12th Street Hanover, Ontario N4N 1T8
$989,000
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 other 2 units are in decent shape. 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 6%. Call for full details. (id:38443)
Property Details
| MLS® Number | 40090977 |
| Property Type | Multi-family |
| Amenities Near By | Shopping |
| Features | Crushed Stone Driveway, Country Residential, Laundry- Coin Operated |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 8 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | None |
| Fireplace Present | No |
| Foundation Type | Stone |
| Stories Total | 3 |
| Size Interior | 2358 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 77 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R5 |
https://www.realtor.ca/real-estate/23022835/182-12th-street-hanover
Interested?
Contact us for more information
Ambrose Garvey
Broker of Record
(519) 506-6700
www.facebook.com/Ambrose-Garvey-Peak-Edge-Realty-Ltd-Brokerage-310545859144431/
425 7th Avenue
Hanover, Ontario N4N 2J3
(519) 506-7700
(519) 506-6700
www.peakedge.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
REALTORS® Association of Grey Bruce Owen Sound
Peak Edge Realty Ltd., Brokerage
July 22 2021 04:34:11
