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Multi-5 UnitMLS® 40813629

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

Ingersoll - North, Ingersoll, N5C 2S6

$900,000

10Bedrooms
0Bathrooms
800Sq ft
5Parking
1945Year built
2Storeys
Multi-5 UnitType
158Days on market

The home

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!

Specifications

Property details

Property type

Residential Income

Lot

86.38 x 252 ft

Taxes

$3,781 (annual)

Heating

Wall Furnace

Cooling

Wall Unit(s)

Basement

None

Parking

5 total

Days on market

158

What's included

Features and amenities

Interior

None

Lot

ParkPlayground NearbySchools

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Roy Cleeves, KELLER WILLIAMS INNOVATION REALTY (the Cornerstone Association of REALTORS®).

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.