Over 7% cap rate on this purpose built clean 8-plex. Stable tenants who pay their own separately metered hydro, many improvements, some units have been updated and modernized, new roof. Rents are below market value and there is room for future rent increases. Potential vendor take back for qualified buyers. No financial disclosures without a signed NDA. (id:42568)
| MLS® Number | 40490547 |
| Property Type | Multi-family |
| Amenities Near By | Playground |
| Parking Space Total | 8 |
| Bathroom Total | 8 |
| Bedrooms Total | 8 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Material | Concrete Block, Concrete Walls |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 4800 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Playground |
| Sewer | Municipal Sewage System |
| Size Depth | 115 Ft |
| Size Frontage | 54 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R5 |
https://www.realtor.ca/real-estate/26099410/297-6th-street-hanover
Contact us for more information
Richard L. Sharpe
Salesperson
(519) 509-2520
www.heritagehouse.c21.ca/
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