87 NORTH TOWN Line W Ingersoll

87 NORTH TOWN Line W, Ingersoll, Ontario

$900,000

  • 6 Beds
  • 800 Square Feet

** Rare Investment Opportunity!** We are excited to present this unique Real Estate investment opportunity comprising 5 units - a duplex and a triplex. This property boasts an exceptional investor return with a 6.11 cap rate. Detailed financial numbers and a spreadsheet are available for review. Located in a quiet and mature area, the property features a large lot measuring 86' x 252', providing plenty of space for outdoor activities. There is ample parking with 2 driveways, and one tenant looks after maintaining the grass cutting and snow removal. The property has been maintained, with newer wiring, plumbing, roof, siding, and interiors updated in 2017. Each unit has separate entrances and is separately metered (except for water in the back 3 units). Additionally, the property comes with 5 fridges and 5 stoves. Come and view this investment! (id:23309)

  • Listing ID: 40612306
  • Property Type: Multi-family
  • Year Built: 1945

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Details

  • Amenities Nearby: Park, Playground, Schools
  • Equipment: Water Heater
  • Features: Crushed stone driveway, Shared Driveway
  • Ownership: Freehold
  • Parking Spaces: 5
  • Rental Equipment: Water Heater
  • Structure: Shed
  • Transaction: For sale
  • Zoning Description: R1

Building

  • BasementType: None
  • Constructed Date: 1945
  • Cooling: Wall unit
  • Exterior Finish: Aluminum siding
  • Fireplace Present: False
  • Foundation: Stone
  • Size Interior: 800 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Amenities: Park, Playground, Schools
  • Sewer: Municipal sewage system
  • Size Frontage: 86 ft
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Listing provided by KELLER WILLIAMS INNOVATION REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 87 NORTH TOWN Line W in Ingersoll Ontario, was last modified on July 3rd, 2024. Contact Bob Downer to schedule a viewing or to find other properties for sale in Ingersoll.

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