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 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. 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:42029)
Property Details
| MLS® Number | 40612306 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Playground, Schools |
| EquipmentType | Water Heater |
| Features | Crushed Stone Driveway, Shared Driveway |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
| Structure | Shed |
Building
| BedroomsTotal | 6 |
| BasementType | None |
| ConstructedDate | 1945 |
| CoolingType | Wall Unit |
| ExteriorFinish | Aluminum Siding |
| FoundationType | Stone |
| StoriesTotal | 2 |
| SizeInterior | 800 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Park, Playground, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 252 Ft |
| SizeFrontage | 86 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R1 |
https://www.realtor.ca/real-estate/27121179/87-north-town-line-w-ingersoll
Interested?
Contact us for more information
Roy Cleeves
Broker
640 Riverbend Dr.
Kitchener, Ontario N2K 3S2
Mila Kolovic
Salesperson
640 Riverbend Drive, Unit B
Kitchener, Ontario N2K 3S2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 12 2024 10:09:02
Kitchener-Waterloo Association of REALTORS®
Keller Williams Innovation Realty