
Multi-family For Sale
$900,000
MLS® Number: 40813629
Bedrooms
10
Bathrooms
0
Floor Area
800
Year Built
1945
Multi-family For Sale
$900,000
Bedrooms
10
Bathrooms
0
Floor Area
800
Year Built
1945
87-93 NORTH TOWN Line W, Ingersoll, Ontario
About This Property
** 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!
Property Details
Interior Details
Basement
None
Bathrooms Total
0
Bedrooms Total
10
Cooling
Wall unit
Living Area
800 sqft
Building & Exterior
Exterior Features
Aluminum siding
Foundation Details
Stone
Number Of Units Total
5
Parking Features
Open
Stories
2.0
Year Built
1945
Land & Location
Frontage Length
86.0 feet
Lot Features
Crushed stone driveway, Shared Driveway
Postal Code
N5C2S6
Subdivision Name
Ingersoll - North
Listing & Financials
Listing Office
KELLER WILLIAMS INNOVATION REALTY
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Co List Agent National Association Id2
1190449
Co List Office National Association Id2
1381908
Common Interest
Freehold
Country
Canada
Parking Total
5
Listed By
KELLER WILLIAMS INNOVATION REALTY
Mortgage Calculator
Estimated Monthly Payment
$4,421
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,421
Principal and interest only. Actual rates may vary.