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$1,375,000
Status:
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.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40490547 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (434 Days ago) |
| Source | :Grey Bruce Owen Sound |
| Area | :Grey County |
|---|---|
| City | :Hanover |
| Area Major | :Hanover |
| Area Minor | :Hanover |
| Postal Code | :
N4N 1C3
|
| Directions | :297 6th Street, Hanover ON, N4N 1C3 |
| Price | : $1,375,000 |
|---|---|
| Property Taxes | :$9000 |
| Tax Year | :2022 |
|---|
| Bedrooms | :8 + |
|---|---|
| Heating | :Natural Gas |
| Bathrooms | :8 |
|---|---|
| Approx Square Footage | :4800 sqft |
16 May, 2024
TREB #40490547
Listed
$1375000
