182 12TH STREET, Hanover, Ontario
$1,150,000
- 2,806 Square Feet
Amazing 6 plex investment opportunity close to GTA featuring a cap rate over 7% and room for more growth. This property has R5 zoning, offering the potential for additional unit development. The current configuration includes four one-bedroom and two two-bedroom units, with a six figure income there is great return on the property with market rate rents. Property was formerly the Hanover Lutheran Church, the building retains historic charm with modern upgrades, including an on-demand hot water system (domestic and in-floor heating), siding, an outside stairway, updated appliances, electronic deadbolts, and cosmetic upgrades all within the past few years. With nine parking spaces and a split utility structure (landlord pays water/sewer, tenants pay hydro; main floor and second level units pay gas heat, landlord pays in-floor gas heat in two level units), this is a turn-key investment with the only thing missing being you! (id:50212)
- Listing ID: X12819974
- Property Type: Multi-family
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Listing provided by RE/MAX WEST REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 182 12TH STREET in Hanover Ontario. It was last modified on February 25th, 2026. Contact The TanTeam to schedule a viewing or to discover other Hanover real estate for sale.