$539,900

Investment For Sale In Hanover, Ontario

$539,900

Property Information:

Great brick duplex in good area of town with market-value rents. Both units are currently rented. Upper unit is rented for $1250 + 40% of the total utilities (Hydro, Gas, Water). Lower unit, which includes the back deck and basement, is currently rented for $1600 including Hydro, Gas & Water. Both units included Stove, Fridge, Washer and Dryer. Building has been well maintained and is in great condition. New metal roof 2019. Furnace 2011. As well, the lower unit has a newer kitchen, newer shower and vanity in the bath room, a newer closet in the bedroom, newer entrance door and newer washer and dryer. The upper unit has a newer entrance door, newer washer and dryer, and a newer range hood. The property has a large yard with storage shed and a double-wide driveway. Great investment property! Affordable 1st time investment opportunity - you live in one unit and let the other help pay your mortgage! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 2
  • Bathrooms: 2
  • Access Type: Road access
  • Amenities Nearby: Schools, Shopping
  • Lot Depth: 81.0 Feet
  • Lot Frontage: 67.0 Feet
  • Structure Type: Shed
  • Zoning: R1A LEGAL NON-CONFORMING DUPLEX
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 2

Courtesy of: Royal LePage RCR Realty

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