** 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!
MLS# | 40612306 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1945 |
Days On Site | 95 |
Listing Provided By | KELLER WILLIAMS INNOVATION REALTY | Roy Cleeves |
Bed(s) | 6 |
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SQ Feet | 800 |
Story(s) | 2 |
Units | 3 |
Zoning | R1 |
Province | ON |
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County | Oxford |
City | Ingersoll |
Postal Code | N5C 2S6 |
Area | Ingersoll |
Subarea | Ingersoll North |
Community Name | Ingersoll North |
School District | Ingersoll Collegiate Hs |
Elementary School | Ingersoll Collegiate Hs |
Listing VS Median (in Ingersoll North) | |
Price: $900,000 low | high Med: $747,900 SqFt: 800 low | high Med: 1,716 $ / SqFt: $1,125 low | high Med: $436 On Site: 95 low | high Med: 123.000000 |