87-93 NORTH TOWN Line W, Ingersoll, Ontario, N5C2S6
MLS: 40813629 | Multi-family
$900,000
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:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 10
- Bathrooms: 0
- Living Area: 800 sq ft (74.3 m²)
- Above Grade: 800 sq ft (74.3 m²)
- Year Built: 1945
- Ownership: Freehold
- Parking: 5.0 spaces (Open)
- Frontage: 86 ft (26.2 m)
Costs
- Annual Taxes: $3,781.00
Listing Provided by: KELLER WILLIAMS INNOVATION REALTY
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Wall unit
- Basement: None
Exterior & Construction
- Exterior: Aluminum siding
- Foundation: Stone
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 86 ft (26.2 m)
- Features: Crushed stone driveway, Shared Driveway
- Zoning: R1
Community & Neighbourhood
- Subdivision: Ingersoll - North
Listing Information
Listing History
MLS listing activity for 87-93 NORTH TOWN Line W, Ingersoll, Ontario, N5C2S6 — dates reflect when changes were recorded in the DDF
🚗 Travel times
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Mortgage & Cost Calculators
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87-93 NORTH TOWN Line W, Ingersoll, Ontario, N5C2S6