** 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:4069)
| Address |
87 NORTH TOWN Line W |
| List Price |
$900,000 |
| Property Type |
Multi-family |
| Area |
Ontario |
| Sub-Area |
Ingersoll |
| Bedrooms |
6 |
| Floor Area |
800 Sq. Ft. |
| Year Built |
1945 |
| MLS® Number |
40612306 |
| Listing Brokerage |
KELLER WILLIAMS INNOVATION REALTY
|
| Basement Area |
None |
| Postal Code |
N5C2S6 |
| Zoning |
R1 |
| Site Influences |
Park, Playground, Schools |
| Features |
Crushed stone driveway, Shared Driveway |
