87 NORTH TOWN Line West, Ingersoll, Ontario N5C2S6

Listing courtesy of KELLER WILLIAMS INNOVATION REALTY.

$900,000
10
BD
800
SqFt

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List Price
$900,000
Status
ACTIVE
Days on Market
175
MLS® #
CornerstoneAssociationofREALTORS-40813629
Year Built
1945
Bedrooms
10
Living Area
800
Subdivision
Ingersoll - North
Neighborhood
Ingersoll - North

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:5764)

Additional Information

Exterior Features
Aluminum siding
Taxes
$3,781
Community Features
Ingersoll - North
Air Conditioning
Wall unit
Stories
2
Foundation
Stone
Parking Features
Open

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Calculator source: Real Geeks