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249-255 9th Street Hanover, Ontario N4N 1L3

17 Bedroom 8 Bathroom 6800
None Baseboard Heaters Landscaped

$1,399,900

INVESTMENT OPPORTUNITY. Bricked 8-plex with steel roof within walking distance to downtown amenities of Hanover. This well-maintained building is fully rented with large parking lot and extra garage. Front 4 units with 1130 sq ft -each unit is 2 storey with front and back porches, main floor living room, dining room and kitchen. Upstairs with 3 bedrooms and one bathroom plus stairs to attic for extra storage. These front units all have original wood flooring and trim. 4 lower level units with entrance from back parking lot and entrance into common laundry area, each with kitchen/living room, one bedroom plus den. Common area with coin operated laundry. Good rate of return, fire inspection complete, full financials available, all tenants pay their own heat/hydro. Clarification of financials: Repair and maintenance includes lawn care, plumbing, snow removal and fire code updates. Utilities include sewer, water, electricity and garbage. Fire inspection was done. Financials were provided by accountant but laundry money is estimated. (id:47237)

Property Details

MLS® Number 40231580
Property Type Multi-family
Amenities Near By Playground, Shopping
Features Laundry- Coin Operated
Parking Space Total 12
Structure Shed

Building

Bathroom Total 8
Bedrooms Total 17
Appliances Water Softener
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Brick
Fire Protection Unknown
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 6800
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Playground, Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 106 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1

Utilities

Electricity Available

https://www.realtor.ca/real-estate/24305683/249-255-9th-street-hanover

Angela Boersma
Broker

(519) 369-4759
(519) 364-2363
www.boersmateam.com

Royal LePage Rcr Realty Brokerage (Hanover)
425 10th Street, Unit 6
Hanover, Ontario N4N 1P8

(519) 364-7370
(519) 364-2363
royallepagercr.com

Siebren Boersma
Salesperson

(519) 477-4553
(519) 364-2363
www.boersmateam.com

Royal LePage Rcr Realty Brokerage (Hanover)
425 10th Street, Unit 6
Hanover, Ontario N4N 1P8

(519) 364-7370
(519) 364-2363
royallepagercr.com

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