488 10TH AVENUE
Hanover, Ontario
MLS® X14173634
$399,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14173634
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
Outstanding investment opportunity awaits you! Whether you're a seasoned investor, or new to investment properties, this could be for you! This building generates a strong rate of return with a fully tenanted commercial unit and two fully tenanted residential units that generates a cap rate over 8%.
Updates Included: Flat roof over print shop (2024), Asphalt shingles over main structure (2021), some eaves trough replaced (2024), exterior vinyl siding (2026), furnace approximately 15 years old, newer vinyl windows. 2 car parking, all 3 units are separately metered for hydro, HWT Owned.
Property summary
- MLS® number
- X14173634
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 2,465 sq ft
- Land size
- Bldg=30.7 x 80.27 FT
- Annual property taxes
- $3,446.34
- Parking
- 2 spaces
- Days on market
- 0 days
Features & details
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- None
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $399,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage RCR Realty, HANOVER.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.