
Fourplex For Sale
$650,000
MLS® Number: 40800590
Bedrooms
8
Bathrooms
4
Floor Area
3,227
Year Built
1875
Fourplex For Sale
$650,000
Bedrooms
8
Bathrooms
4
Floor Area
3,227
Year Built
1875
119 CARROLL Street, Ingersoll, Ontario
About This Property
Fully occupied fourplex offering steady income, flexibility, and long term upside in a central Ingersoll location. This well maintained property features one dedicated parking space per unit at the rear, practical layouts, and a solid history of care with documented capital improvements. Each unit is currently tenanted, providing immediate and consistent rental income for investors seeking a turnkey opportunity with minimal vacancy risk. The unit at 100 Cherry Street offers a two bedroom layout with a kitchen, four piece bathroom, generous closet space, and elevated front access, creating a comfortable and functional living space. The unit at 100A Cherry Street features three bedrooms, a kitchen, living room, three piece bathroom, storage area, and laundry hookups, making it well suited for long term tenancy. The unit at 98 Cherry Street is a one bedroom unit with a large eat in kitchen, four piece bathroom, closet space, porch, basement access, and a newer boiler, offering efficient use of space and strong functionality. The unit at 119 Carroll Street includes two bedrooms, a spacious living room, kitchen, four piece bathroom, ample closet space, basement access, a front porch, a newer boiler, and a private driveway with parking for two vehicles. Property updates include a newer roof completed in 2020, updated windows installed at time of purchase, four rented water heaters, and a well documented expense profile, supporting ease of management and long term ownership. With all units occupied, this property provides stable cash flow and appeals to investors or multi generational buyers looking for a reliable income producing asset in a growing community.
Property Details
Interior Details
Basement
Unfinished, Full
Bathrooms Total
4
Bedrooms Total
8
Cooling
None
Heating
Radiant heat, Natural gas
Living Area
3227 sqft
Building & Exterior
Exterior Features
Brick
Foundation Details
Stone
Number Of Units Total
4
Parking Features
Open, Visitor Parking
Stories
2.0
Year Built
1875
Land & Location
Frontage Length
93.0 feet
Postal Code
N5C1W3
Subdivision Name
Ingersoll - South
Listing & Financials
Listing Office
CENTURY 21 HERITAGE HOUSE LTD.
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
6
Listed By
CENTURY 21 HERITAGE HOUSE LTD.
Mortgage Calculator
Estimated Monthly Payment
$3,193
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,193
Principal and interest only. Actual rates may vary.