182 12th Street Hanover, Ontario N4N 1T8

8 Bedroom 6 Bathroom 2358
None In Floor Heating


Great Investment Opportunity. This legal 6-plex will have a cap rate of 6.77 % and a net income of $66,921.00 a year. The building has had many updates. Steel roof in 2018, expanded parking lot in 2020. It passed a fire inspection in 2020. Units 1 & 2 have received some updates. Unit 4 & 5 show well. Unit 5 has just been renovated & received new flooring, bathroom & kitchen. Unit 6 is currently being renovated will receive new flooring & a new kitchen. All tenants pay for their own hydro, 4 of the tenants pay for their own heat. There are 4 - 1 bedroom apartments & 2 - 2 bedroom apartments. This is a great investment opportunity. Call for full details. (id:13327)

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
Foundation Type Stone
Heating Type In Floor Heating
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