87 North Town Line W Ingersoll, Ontario N5C 2S6
$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:40058)
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
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July 03 2024 08:28:18
Kitchener-Waterloo Association of REALTORS®
Keller Williams Innovation Realty