Welcome to 182 12th St.
Welcome to 182 12th St.
South side
South side
Southeast corner & driveway
Southeast corner & driveway
Northeast corner
Northeast corner
Northwest corner
Northwest corner
West side
West side
South side
South side
Front flower beds
Front flower beds
East side
East side
Unit 1 Living room
Unit 1 Living room
Unit 1 Kitchen
Unit 1 Kitchen
Unit 3 Kitchen
Unit 3 Kitchen
Unit 3 Living room
Unit 3 Living room
Unit 4 Entrance
Unit 4 Entrance
Unit 4 Kitchen
Unit 4 Kitchen
Unit 4 Living room
Unit 4 Living room
Unit 5 Entrance
Unit 5 Entrance
Unit 5 Kitchen
Unit 5 Kitchen
Unit 5 Living room
Unit 5 Living room
Unit 5 Bathroom
Unit 5 Bathroom
Unit 6 Entrance
Unit 6 Entrance
Unit 6 Living room
Unit 6 Living room
Unit 6 Kitchen
Unit 6 Kitchen
Unit 6 Bathroom
Unit 6 Bathroom
Unit 6 Bathroom
Unit 6 Bathroom

182 12th Street, Hanover, QC N4N

$1,300,000

  • 8 Bedrooms
  • 6 Bathrooms
  • MLS: 28933906
Schedule a showing Request Information Learn more
25,003,000.00 ft2 Window air conditioner Other

Description

Maximize your portfolio's potential with this exceptional 6-plex, featuring a strong 6.38% CAP rate with further upside to push the CAP rate above 7.0%. This property has R5 zoning, offering the unique potential for additional unit development. The current configuration includes four one-bedroom and two two-bedroom units, projecting a robust yearly income of $100,620.00 against low 2024 operating expenses of $17,686.12. A breakdown of these financials can be obtained by your REALTOR. Formerly the Hanover Lutheran Church, the building retains historic charm alongside major modern upgrades, including a 2022 on-demand hot water system (domestic and in-floor heating), siding, an outside stairway, updated appliances, electronic deadbolts, and cosmetic upgrades. 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. (id:63285)

Property Details
DDF® Number X12436997
Property Type Multi-family
Equipment Type None
Features Carpet Free
Parking Space Total 9
Rental Equipment Type None
Building
Bathroom Total 6
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Age 100+ Years
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Water Heater - Tankless, Water Heater, Water Meter, Water Treatment, Stove, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fireplace Present No
Foundation Type Stone
Heating Type Other
Stories Total 3
Size Interior 2500 - 3000 Sqft
Type Other
Utility Water Municipal Water
Parking
No Garage
Land
Acreage No
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 76 Ft ,6 In
Size Irregular 76.5 X 132 Ft
Zoning Description R5-31

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