Property Details
182 12TH Street, Hanover, Ontario, N4N1T8
$1,448,000 - For sale
ATTENTION INVESTORS!!! Cap rate of 5.51%! R5 ZONING -Allows for additional units to be added. Great rents & great tenants. Steel roof, updated; plumbing, electrical, and windows, all municipal services. Truly one of a kind, church converted into a legal 6-plex with four 1-bedroom units and two 2-bedroom units. Great investment opportunity with an income of $8,054.00 per month. There has been extensive upgrades through out, including: Units 3, 5, and 6 have new exterior doors. New outside stairs, storage area under deck, new fire extinguisher, and siding on front porch and outside of unit 6. Unit 1 has a new shower and stove and is all professionally decorated. Unit 4 has a new toilet. Unit 5 has been professionally decorated and painted. Unit 6 has been recently renovated and has new appliances, added closets, new toilet, Hydro-Flow water conditioning unit, and digital locks on all doors. New on-demand hot water system for in-floor heating and domestic water installed in April of 2022. Parking for 9 cars. (id:2471)
Location Description182 12th Street, Hanover (West of 7th Ave)
- Property Address:182 12TH Street, Hanover, Ontario, N4N1T8
- Property Type:Multi-family
- Title:Freehold
- Lot Size:under 1/2 acre
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Bedrooms:8
- Bathrooms:6
- Floor Space:3800
- Heating Type:In Floor Heating
- Storeys:3
- Basement Type:Full (Finished)
- Foundation Type:Stone
- Cooling Type:None
- Exterior Type:Brick
- Amenities Nearby:Shopping
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- Map 182 12TH Street, Hanover, Ontario, N4N1T8
- Neighbourhood Information
182 12TH Street, Hanover, Ontario, N4N1T8
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