87-93 North Town Line W, Ingersoll, Ontario N5C 2S6

Listed for:
$900,000
10 beds
0 baths
Listed 12 days ago
87-93 North Town Line W, Ingersoll, Ontario N5C 2S6

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About

NORTH ON THAMES ST - TURN LEFT ** 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:27476)

Property Highlights

MLS® Number
40813629
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
5

Building

Storeys
2.00
Square Footage
800 sqft
Bedrooms Total
10
Amenities
Park, Playground, Schools
Exterior Finish
Aluminum siding
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
KELLER WILLIAMS INNOVATION REALTY
MLS® number:
40813629
Agent:
Roy Cleeves
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