182 12th St, Hanover, N4N 1T8

Home Overview

Description

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

1 month

On Market

Multiplex

Property Type

$5,327 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

-

Year Built