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427 13th Avenue Hanover, Ontario N4N 2W4

7 Bedroom 1 Bathroom 2402 sqft
None

$699,900

Excellent opportunity to purchase a turn key income property. This 4 plex is situated on a corner lot in the town of Hanover. It has ample room for parking and currently accommodates 8 parking spots. The steel roof, soffit, fascia, eves and most windows were replaced approximately 13 years ago. The building consists of three two bedroom units and a one bedroom unit. Each unit pays their own hydro. There is a natural gas boiler that heats the building. Currently 3 of the units are rented and one unit just finished receiving updates and is ready to be rented out again. When fully rented the building will nets $41,521.39 a year. (id:58043)

Property Details

MLS® Number 40622889
Property Type Multi-family
CommunityFeatures School Bus
ParkingSpaceTotal 7

Building

BathroomTotal 1
BedroomsTotal 7
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructedDate 1890
CoolingType None
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Natural Gas
StoriesTotal 3
SizeInterior 2402 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 132 Ft
SizeFrontage 66 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C1

https://www.realtor.ca/real-estate/27198721/427-13th-avenue-hanover

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Ambrose Garvey
Broker of Record


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

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