488 10th Avenue Hanover, Ontario N4N 2P3
$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
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Cara Kupi
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