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:2333)
MLS® Number | 40231580 |
Property Type | Multi-family |
Amenities Near By | Playground, Shopping |
Features | Laundry- Coin Operated |
Parking Space Total | 12 |
Structure | Shed |
Bathroom Total | 8 |
Bedrooms Total | 17 |
Appliances | Water Softener |
Basement Development | Partially Finished |
Basement Type | Full (partially Finished) |
Cooling Type | None |
Exterior Finish | Brick |
Fire Protection | Unknown |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 3 |
Size Interior | 6800 |
Utility Water | Municipal Water |
Detached Garage |
Acreage | No |
Land Amenities | Playground, Shopping |
Landscape Features | Landscaped |
Sewer | Municipal Sewage System |
Size Depth | 165 Ft |
Size Frontage | 106 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C1 |
Electricity | Available |
https://www.realtor.ca/real-estate/24305683/249-255-9th-street-hanover
Angela Boersma
Broker
(519) 364-7370
(519) 364-2363
royallepagercr.com
Siebren Boersma
Salesperson
(519) 364-7370
(519) 364-2363
royallepagercr.com