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87-93 North Town Line W Ingersoll, ON - Image 1

$900,000

10 Beds 0 Baths 800 SQFT 0.00 Acres
Type: Multi-Family

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

MLS#: 40813629
Alexandra Bulloch
Alexandra Bulloch
Condo Digs
Broker of Record
Phone: 647.259.8806
Office: 647.259.8806
Presented by: KELLER WILLIAMS INNOVATION REALTY

Property 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 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!


 

Interior Features

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths0

Other Interior Features

Above Grade Finished Area800 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementNone
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesNone
Laundry FeaturesIn-Suite
Total Stories2

General

Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityIngersoll
Construction MaterialsAluminum Siding
CoolingWall Unit(s)
CountyOxford
DirectionsNORTH ON THAMES ST - TURN LEFT
Elementary SchoolIngersoll Collegiate Hs
ExclusionsTenant Belongings
Garage Y/NNo
HeatingWall Furnace
Insurance Expense3114
Living Area800 sqft
MLS AreaIngersoll
MLS Area MinorIngersoll - North
New ConstructionNo
Number Of Units Total5
Open Parking Spaces5
Other StructuresShed(s)
Patio/Porch FeaturesPatio
Property SubtypeMulti-5 Unit
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Stories Count2
Year Built1945
ZoningR1

Exterior

Building Area Total800 sqft
Crops Included Y/NNo
Foundation DetailsStone
Frontage Length86 sqft
Frontage TypeSouth
InclusionsOther, 5 Fridges, 5 Stoves
Lot Dimensions86.38 x 252
Lot FeaturesPark, Playground Nearby, Schools
Lot Size SourceGeoWarehouse
Number of Buildings0
Parking FeaturesGravel, Mutual/Shared
Road Frontage TypePublic Road
Total Parking5
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Hubert H Humphrey Middle School

  

Similar Properties

$900,000

10 Beds 0 Baths 800 SQFT 0.00 Acres
Type: Multi-Family

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

MLS#: 40813629
Alexandra Bulloch
Alexandra Bulloch
Condo Digs
Broker of Record
Phone: 647.259.8806
Office: 647.259.8806
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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