552 7th Avenue

For Sale 46 Days
$849,000
6 beds
3 baths
2,200 Sqft

552 7th Avenue

For Sale 46 Days
$849,000
6 beds
3 baths
2,200 Sqft

Highlights

Key insights

Description

Amazing investment opportunity. A fully-renovated triplex, offering a total of 3 units, each with 2 bedrooms and 1 bathroom, spanning 2200 SQFT. This property is not only occupied at market rents per unit but also comes with approved site plans to add 3 more units, doubling the income potential. Additional features include separate meters for each unit, fully renovated with new windows in the existing triplex. Building plans, permits, and a detailed proforma are readily available. This is a prime investment opportunity for both new and seasoned investors, with all the groundwork already laid out. 2021 narrative appraisal completed for potential 3 unit addition available upon request. (id:63267)

Wesley Cressman of TrilliumWest Real Estate Brokerage,
#40748580
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Other
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    2
  • # parking spaces
    8
Interior
  • # full baths
    3
  • # total bathrooms
    3.0
  • # of above grade bedrooms
    6
Location
  • Subdivision
    Hanover
Lot/ Land Details
  • Lot dimensions
    0.222
Overview
  • Lot size (acres)
    0.22
  • Building size
    2200
  • Listing #
    40748580
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28634914/552-7th-avenue-hanover
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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