488 10th Avenue Hanover, Ontario N4N 2P3

2,465 sqft
None Baseboard Heaters, Forced Air

$399,900

Outstanding investment opportunity awaits you! Whether you're a seasoned investor, or new to investment properties, this could be for you! This building generates a strong rate of return with a fully tenanted commercial unit and two fully tenanted residential units that generates a cap rate over 8%. Updates Included: Flat roof over print shop (2024), Asphalt shingles over main structure (2021), some eaves trough replaced (2024), exterior vinyl siding (2026), furnace approximately 15 years old, newer vinyl windows. 2 car parking, all 3 units are separately metered for hydro, HWT Owned. (id:54532)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X14173634
Property Type Multi-family
Community Name Hanover
Amenities Near By Highway
Features Irregular Lot Size
Parking Space Total 2

Building

Age 100+ Years
Cooling Type None
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air
Size Exterior 2465 Sqft
Size Interior 2,465 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Sewer Sanitary Sewer
Size Depth 80 Ft ,3 In
Size Frontage 30 Ft ,8 In
Size Irregular Bldg=30.7 X 80.27 Ft
Size Total Text Bldg=30.7 X 80.27 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/30505495/488-10th-avenue-hanover-hanover

Contact Us

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Lisa Talbot
Salesperson

(519) 943-4243
lisatalbot.ca/

Cara Kupi
Salesperson

(519) 217-8092
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