87 NORTH TOWN West Line, Ingersoll, Ontario N5C2S6

  • $900,000
87 NORTH TOWN West Line, Ingersoll, Ontario N5C2S6
For Sale
87 NORTH TOWN West Line, Ingersoll, Ontario N5C2S6
  • $900,000

Overview

Property ID: 3840871
  • Multi-family
  • Property Type
  • 6
  • Bedrooms
  • 5
  • Garages
  • 800.0
  • 1945
  • Year Built

Description

** 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 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. 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:56724)

Details

Updated on August 12, 2024 at 10:21 pm
  • Property ID: 3840871
  • Price: $900,000
  • Property Size: 800.0
  • Bedrooms: 6
  • Garages: 5
  • Year Built: 1945
  • Property Type: Multi-family
  • Property Status: For Sale
  • MLS#: 40612306
  • MLS Status: Active

Additional details

  • Sewer: Municipal sewage system
  • Cooling: Wall unit
  • Stories: 2
  • Basement: None
  • Directions: NORTH ON THAMES ST - TURN LEFT
  • Lot Features: Crushed stone driveway,Shared Driveway
  • Water Source: Municipal water
  • Parking Total: 5
  • Common Interest: Freehold
  • Tax Annual Amount: 3391
  • Foundation Details: Stone
  • Zoning Description: R1
  • Number Of Units Total: 3
  • Above Grade Finished Area: 800
  • Above Grade Finished Area Units: square feet
  • Address 87 NORTH TOWN Line W
  • City Ingersoll
  • Province Ontario
  • Postal Code N5C2S6
  • Area Ingersoll - North
  • Country Canada

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