182 12th Street Hanover, Ontario N4N 1T8
$1,448,000
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:49454)
Property Details
| MLS® Number | 40450649 |
| Property Type | Multi-family |
| Amenities Near By | Shopping |
| Features | Crushed Stone Driveway, Country Residential, Laundry- Coin Operated |
Building
| 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 | 3800 |
| Utility Water | Municipal Water |
Land
| 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 |
https://www.realtor.ca/real-estate/25888023/182-12th-street-hanover
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August 18 2023 08:58:47
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc.