182 12th Street Hanover, Ontario N4N 1T8

8 Bedroom 6 Bathroom 2358


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


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


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



Contact us for more information

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Ambrose Garvey
Broker of Record

(519) 379-7653
(519) 506-6700

Peak Edge Realty Ltd., Brokerage
425 7th Avenue
Hanover, Ontario N4N 2J3

(519) 506-7700
(519) 506-6700

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