182 12th Street Hanover, Ontario N4N 1T8
$1,349,000
ATTENTION INVESTORS!!! Cap rate is almost 6 %! 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 | 40507188 |
| Property Type | Multi-family |
| Amenities Near By | Shopping |
| Features | Crushed Stone Driveway, Laundry- Coin Operated |
| Parking Space Total | 9 |
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/26234966/182-12th-street-hanover
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 01 2023 05:28:23
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc.