119 CARROLL Street, Ingersoll, Ontario N5C 1W3
$650,000.00
- 8 bedrooms
- 4 bathrooms
- 3,227 Square Feet
Fully occupied fourplex offering steady income, flexibility, and long term upside in a central Ingersoll location. This well maintained property features one dedicated parking space per unit at the rear, practical layouts, and a solid history of care with documented capital improvements. Each unit is currently tenanted, providing immediate and consistent rental income for investors seeking a turnkey opportunity with minimal vacancy risk. The unit at 100 Cherry Street offers a two bedroom layout with a kitchen, four piece bathroom, generous closet space, and elevated front access, creating a comfortable and functional living space. The unit at 100A ... read more
Fully occupied fourplex offering steady income, flexibility, and long term upside in a central Ingersoll location. This well maintained property features one dedicated parking space per unit at the rear, practical layouts, and a solid history of care with documented capital improvements. Each unit is currently tenanted, providing immediate and consistent rental income for investors seeking a turnkey opportunity with minimal vacancy risk. The unit at 100 Cherry Street offers a two bedroom layout with a kitchen, four piece bathroom, generous closet space, and elevated front access, creating a comfortable and functional living space. The unit at 100A Cherry Street features three bedrooms, a kitchen, living room, three piece bathroom, storage area, and laundry hookups, making it well suited for long term tenancy. The unit at 98 Cherry Street is a one bedroom unit with a large eat in kitchen, four piece bathroom, closet space, porch, basement access, and a newer boiler, offering efficient use of space and strong functionality. The unit at 119 Carroll Street includes two bedrooms, a spacious living room, kitchen, four piece bathroom, ample closet space, basement access, a front porch, a newer boiler, and a private driveway with parking for two vehicles. Property updates include a newer roof completed in 2020, updated windows installed at time of purchase, four rented water heaters, and a well documented expense profile, supporting ease of management and long term ownership. With 3 units occupied, 1 unit will be vacant end of October, this property provides stable cash flow and appeals to investors or multi generational buyers looking for a reliable income producing asset in a growing community. (id:25417)
- Listing ID: 40849584
- Property Type: Multi-family
- Year Built: 1875
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | Visitor Parking 6 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Fourplex |
| HVAC: | Fireplace and Radiant Heat Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Unfinished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Ingersoll |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Schools and Shopping |
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