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

6 Bedroom 800 sqft
Partially Air Conditioned Baseboard Heaters

$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 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:60365)

Property Details

MLS® Number X12904098
Property Type Business
Community Name Ingersoll - North
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BedroomsTotal 6
CoolingType Partially Air Conditioned
HeatingType Baseboard Heaters
SizeInterior 800 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 252 Ft
SizeFrontage 86 Ft ,4 In
SizeIrregular 86.38 X 252 Ft
SizeTotalText 86.38 X 252 Ft
ZoningDescription R1

https://www.realtor.ca/real-estate/29496994/87-93-north-town-line-w-ingersoll-ingersoll-north-ingersoll-north

Mila Kolovic
Salesperson


Keller Williams Innovation Realty
640 Riverbend Dr Unit B
Kitchener, Ontario N2K 3S2

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