87 North Town Line W, Ingersoll, Ontario N5C 2S6 (27121179)


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87 North Town Line W Ingersoll, Ontario N5C 2S6

6 Bedroom 800 sqft
Wall Unit

$900,000

** 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 6.11 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 tenants are responsible for maintaining the landscape and snow removal. The property has been well-maintained, with all new wiring, plumbing, roof, siding, and interiors updated in 2017. 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:51914)

Property Details

MLS® Number 40612306
Property Type Multi-family
Amenities Near By Park, Playground, Schools
Equipment Type Water Heater
Features Crushed Stone Driveway, Shared Driveway
Parking Space Total 5
Rental Equipment Type Water Heater
Structure Shed

Building

Bedrooms Total 6
Basement Type None
Constructed Date 1945
Cooling Type Wall Unit
Exterior Finish Aluminum Siding
Foundation Type Stone
Stories Total 2
Size Interior 800 Sqft
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Park, Playground, Schools
Sewer Municipal Sewage System
Size Depth 252 Ft
Size Frontage 86 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1

https://www.realtor.ca/real-estate/27121179/87-north-town-line-w-ingersoll

87 North Town Line W, Ingersoll, Ontario N5C 2S6 (27121179)
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