476 9TH Avenue, Hanover, Ontario
$3,895,000
- 62 Beds
- 14,111 Square Feet
Here’s an outstanding opportunity to enhance your investment portfolio with a prime 33-unit apartment complex located in the vibrant heart of Hanover, Ontario. This well-situated property is less than a block from downtown, providing easy access to shopping, grocery stores, pharmacies, and all essential amenities. The complex consists of four impeccably maintained buildings spread across two separate roll numbers. The main building offers 20 units, while a secondary building provides 8 units. Additionally, the property includes a quaint 2-bedroom bungalow and a converted house with 4 units. Currently, the complex delivers a solid return of over 6%, with significant upside potential as tenant turnover creates opportunities for increased revenue. Don’t miss out on this remarkable investment opportunity. (id:56241)
- Listing ID: 40643200
- Property Type: Multi-family
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Listing provided by WILFRED MCINTEE & CO LTD Brokerage (Walkerton)
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 476 9TH Avenue in Hanover Ontario, was last modified on September 9th, 2024. Contact Nadine McMaster to schedule a viewing or to find other properties for sale in Hanover.