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Amazing investment opportunity. A fully-renovated triplex, offering a total of 3 units, each with 2 bedrooms and 1 bathroom, spanning 2200 SQFT. This property is not only occupied at market rents per unit but also comes with approved site plans to add 3 more units, doubling the income potential. Additional features include separate meters for each unit, fully renovated with new windows in the existing triplex. Building plans, permits, and a detailed proforma are readily available. This is a prime investment opportunity for both new and seasoned investors, with all the groundwork already laid out. 2021 narrative appraisal completed for potential 3 unit addition available upon request.
City: Hanover
Neighborhood: Hanover
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Aug 16, 2023 | 63 | $899,000 | N/A | Terminated | X6747360 |
Purchase Price | $849000 |
Down Payment | $169800 |
Mortgage Insurance | $0 |
Total Mortgage | $679200 |
Mortgage Payment | $4185 |
Property Taxes | $391 |
Maintenance Fees | $0 |
Monthly Payment | $4577 |
Sold Comparables homes near 552 7th Ave, Hanover
Located at 552 7th Ave , this Hanover house is available for sale. This property was listed for $849,000 on Tue Jul 22 2025. This house's size is 2000-2500 Sqft. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots. 552 7th Ave, Hanover is situated in the Hanover neighbourhood.
MLS#: X12298874 · $849,000 · 6 bedroom house in Hanover, Hanover