Primary photo of 119 CARROLL Street, Ingersoll
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Fourplex For Sale

$650,000

MLS® Number: 40800590

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

Mortgage Calculator

20% ($130,000)
5.5%
25 Years

Estimated Monthly Payment

$3,193

Principal and interest only. Actual rates may vary.

Location & Map

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