2
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$900,000
Est. payment /mo
10 Beds
800 SqFt
Active
87-93 NORTH TOWN Line W Ingersoll, ON N5C2S6
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 800
Square Footage 800 sqft
Price per Sqft $1,125
Subdivision Ingersoll - North
MLS® Listing ID 40813629
Bedrooms 10
Year Built 1945
Property Sub-Type Freehold
Property Description
** 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 7.14% 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. Further interior renovations 2024/2025/2026. 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling Wall unit
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by KELLER WILLIAMS INNOVATION REALTY
NEARBY SCHOOL & BUSINESS
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