505 & 511 9th Street in Hanover Ontario N4N 1M3

  • : $309,900.00
  • : 186208
  • : Multi-family

Overview

Two duplexes side by side on one lot. 511-Unit A features a tidy one-bedroom basement apartment, has rented for $650-mo. + heat/hydro (BB electric). Includes fridge/stove/washer/dryer/dehumidifier. The occupied main floor unit of this building offers a spacious 3-bedroom apt. & rents for $750/mo. + heat/hydro (gas heat) & includes fridge/stove/washer/dryer/shelving units. 505 next door offers a 3-bedroom unit at the front which generates $590/mo. + heat/hydro (gas) & includes fridge/stove. Tenant here for over 30 years. 505 A rear unit is also occupied, generating $650/mo. + hydro (owner pays oil heat) & includes fridge/stove/washer/dryer. Owner has replaced the roof on both buildings, updated electrical panels, flooring, paint and many other improvements. Owner pays water/sewer fee for both buildings & rents one of the water heaters. Live in one unit and let the rental income offset your mortgage, rent both or possibly build row housing. (id:1493)

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Listing data provided by RE/MAX LAND EXCHANGE LTD Brokerage (Hanover)
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