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For Sale
$900,000
MLS® X12904098
87-93 NORTH TOWN LINE W
Ingersoll (Ingersoll - North), Ontario, N5C2S6
- Beds / Baths
- 6 bed
- Interior
- 800 sqft
- Property type
- Business
- Building
- Business
- Lot size
- 86.38 x 252 FT
- Parking
- 5
Property facts
- Beds / Baths
- 6 bed
- Interior
- 800 sqft
- Property type
- Business
- Building
- Business
- Transaction
- For Sale
- Lot size
- 86.38 x 252 FT
- Parking
- 5
About this property
** 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:53361)