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:4069)
| Address |
427 13TH Avenue |
| List Price |
$699,900 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Hanover |
| Bedrooms |
7 |
| Bathrooms |
1 |
| Floor Area |
2,402 Sq. Ft. |
| Year Built |
1890 |
| MLS® Number |
40622889 |
| Listing Brokerage |
PEAK EDGE REALTY LTD., Brokerage
|
| Basement Area |
Full (Unfinished) |
| Postal Code |
N4N2W4 |
| Zoning |
C1 |
