** 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:37788)
MLS® Number | 40612306 |
Property Type | Multi-family |
Amenities Near By | Park, Playground, Schools |
Equipment Type | Water Heater |
Features | Crushed Stone Driveway, Shared Driveway |
Parking Space Total | 5 |
Rental Equipment Type | Water Heater |
Structure | Shed |
Bedrooms Total | 6 |
Basement Type | None |
Constructed Date | 1945 |
Cooling Type | Wall Unit |
Exterior Finish | Aluminum Siding |
Foundation Type | Stone |
Stories Total | 2 |
Size Interior | 800 Sqft |
Utility Water | Municipal Water |
Access Type | Road Access |
Acreage | No |
Land Amenities | Park, Playground, Schools |
Sewer | Municipal Sewage System |
Size Depth | 252 Ft |
Size Frontage | 86 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R1 |
https://www.realtor.ca/real-estate/27121179/87-north-town-line-w-ingersoll
(519) 570-4447
(519) 579-0289
www.kwinnovationrealty.com/
(519) 570-4447
(519) 579-0289
www.kwinnovationrealty.com/
Contact us for more information