$349,000

581 7TH Avenue, Hanover, ON
MLS#:X12845074
2 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold

Description

Looking to expand your investment portfolio? This solid, brick two-storey offers options-it is currently configured as a duplex (one unit will be vacant end of April) but could easily be converted back to a single-family residence with the removal of one hallway wall. Upgrades include a durable Superior Steel Roof (2021-with 50 year warranty), upper deck redone (2025), Bradford natural gas power vent water heater (2021), windows (approx 2020), upstairs unit -paint, bathroom sink and toilet (2025). The main floor and upper units are both rented on a month-to-month basis with upstairs tenant leaving end of April, offering flexibility for owner occupancy. The main floor tenant is very good and takes care of lawn maintenance, gardens, and snow removal.This unit offers a living room, eat-in kitchen, bedroom, bathroom, office, and a storage room with access to the basment and attached garage/shed. This unit could use decor updates. Upstairs, you'll find a bright and welcoming unit with a living room, bedroom, hall closet/workspace, bathroom, and a sunny kitchen with access to a private deck. Heated by natural gas hot water boiler. Outside, enjoy a spacious backyard with mature trees, partially fenced, covered front porch, two storage sheds and parking for 3 cars. Walking distance to the downtown. Good rate of return at 6.5%. See summer photos.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 7, 2026
Sold price information is available to members only
Listed Date3/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size66 × 145 Feet
CountyGrey County
Annual Tax$2,104
Legal DescriptionPT LT 86 PL 702 HANOVER AS IN R500756; HANOVER

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["Window Unit(s)"]

Features

Property Features

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Community Features

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Property History

No historical data available for this property.

This could be the first listing for this address.

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No current listings found in Hanover.