$749,900

Investment For Sale In Ingersoll (Ingersoll - South), Ontario

$749,900

Property Information:

Well-maintained fourplex offering flexibility, stable income, and future upside in a central Ingersoll location, with one dedicated parking space per unit at the rear, functional layouts, and documented capital improvements. The vacant unit at 100 Cherry Street features two bedrooms, a kitchen, a four-piece bathroom, generous closet space, and attractive high stair access, providing an excellent opportunity for an owner-occupant, extended family living, or leasing at market rent to a tenant of the buyer's choosing. The unit at 100A Cherry Street is a three-bedroom layout offering a kitchen, living room, three-piece bathroom, storage area, and laundry hookups, creating a practical space well suited to 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 strong functionality and efficient use of space. The unit at 119 Carroll Street features 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 long-term ownership and ease of management. This property presents multiple possibilities for investors, multi-generational buyers, or those seeking to live in one unit while generating income from the remaining units, with one vacant unit allowing immediate flexibility. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Schools
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 91 Feet
  • Lot Frontage: 93 Feet
  • Lot Size: 93 x 91 FT
  • Zoning: R1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: Century 21 Heritage House Ltd Brokerage

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.