87-93 North Town Line, Ingersoll, ON N5C 2S6
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87-93 North Town Line, Ingersoll, ON N5C 2S6
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$ 900,000
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87-93 North Town Line Ingersoll, ON N5C 2S6

10 Beds

800 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $1,125

MLS Listing ID 40813629

Bedrooms 10

Abv Grd Liv Area 800

Year Built 1945

Annual Tax Amount $3,781

Property Sub-Type Multi-5 Unit

Source Cornerstone

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!

Location

Province ON

County Oxford

Area Ingersoll

Zoning R1

Direction NORTH ON THAMES ST - TURN LEFT

Rooms

Other Rooms Shed(s)

Basement None

Kitchen 0

Interior

Interior Features None

Heating Wall Furnace

Cooling Wall Unit(s)

Fireplace No

Laundry In-Suite

Exterior

Parking Features Gravel, Mutual/Shared

Roof Type Shingle

Handicap Access Parking

Porch Patio

Lot Frontage 86.38

Lot Depth 252.0

Garage No

Building

Lot Description Park, Playground Nearby, Schools

Faces NORTH ON THAMES ST - TURN LEFT

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Aluminum Siding

New Construction No

Schools

Elementary Schools Ingersoll Collegiate Hs

Others

Senior Community false

Tax ID 001740003

Ownership Freehold/None


Listed by KELLER WILLIAMS INNOVATION REALTY

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

Caroline Marshall

+1(705) 388-1792

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87-93 North Town Line