87 NORTH TOWN Line W (40612306)

Listing ID: 40612306

$900,000

KELLER WILLIAMS INNOVATION REALTY

**87 NORTH TOWN Line W, Ingersoll, Ontario, N5C2S6**
Bedrooms6	Property TypeMulti-family
Built in1945	Building Area800

** 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:33575)

**Details**
Amenities NearbyPark, Playground, Schools	EquipmentWater Heater
FeaturesCrushed stone driveway, Shared Driveway	OwnershipFreehold
Parking Spaces5	Rental EquipmentWater Heater
StructureShed	TransactionFor sale
Zoning DescriptionR1

**Building**
BasementNone	Constructed Date1945
CoolingWall unit	Exterior FinishAluminum siding
FoundationStone	Bathrooms (Total)0
Size Interior800 sqft	Storeys Total2
Utility WaterMunicipal water