LOADING

87 North Town Line W Ingersoll, Ontario N5C 2S6

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 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:49454)

Property Details

MLS® Number 40612306
Property Type Multi-family
AmenitiesNearBy Park, Playground, Schools
EquipmentType Water Heater
Features Crushed Stone Driveway, Shared Driveway
ParkingSpaceTotal 5
RentalEquipmentType Water Heater
Structure Shed

Building

BedroomsTotal 6
BasementType None
ConstructedDate 1945
CoolingType Wall Unit
ExteriorFinish Aluminum Siding
FoundationType Stone
StoriesTotal 2
SizeInterior 800 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Park, Playground, Schools
Sewer Municipal Sewage System
SizeDepth 252 Ft
SizeFrontage 86 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1

https://www.realtor.ca/real-estate/27121179/87-north-town-line-w-ingersoll