297 6th St, Hanover, Ontario N4N 1C3
$1,375,000
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Townhouse
-
8
~4800 sqft
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Highlights
Est. Mortgage$5,905/mth
Tax Amount (2022)$9,000/yr
Description
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 Details
StyleResidential Income
View-
Age of property-
SqFt~4800 SqFt
Lot Size6,210 SqFt(115 x 54)
Parking Spaces8
MLS ®Number40490547
Community NameHanover
Board NameITSO
Interior
Features
Heating: Natural Gas
Basement: Partial, Unfinished
Exterior
Features
Lot size: 6,210 SqFt
Sewer (Municipal)
Parking
Garage spaces -
Garage type -
Other parking spaces 8
Total parking spaces 8
Property History
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Now
Listed for$1,375,000
236 days on market
12
Property listed by CENTURY 21 HERITAGE HOUSE LTD., Brokerage (Mount Forest), Brokerage
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