6 Bedroom
800 sqft
Wall Unit
$900,000
** 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 tenants are responsible for maintaining the landscape and snow removal. The property has been well-maintained, with all new 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:49454)
Property Details
MLS® Number
|
40612306 |
Property Type
|
Multi-family |
Amenities Near By
|
Park, Playground, Schools |
Equipment Type
|
Water Heater |
Features
|
Crushed Stone Driveway, Shared Driveway |
Parking Space Total
|
5 |
Rental Equipment Type
|
Water Heater |
Structure
|
Shed |
Building
Bedrooms Total
|
6 |
Basement Type
|
None |
Constructed Date
|
1945 |
Cooling Type
|
Wall Unit |
Exterior Finish
|
Aluminum Siding |
Foundation Type
|
Stone |
Stories Total
|
2 |
Size Interior
|
800 Sqft |
Utility Water
|
Municipal Water |
Land
Access Type
|
Road Access |
Acreage
|
No |
Land Amenities
|
Park, Playground, Schools |
Sewer
|
Municipal Sewage System |
Size Depth
|
252 Ft |
Size Frontage
|
86 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
R1 |
https://www.realtor.ca/real-estate/27121179/87-north-town-line-w-ingersoll