119 CARROLL Street, Ingersoll, Ontario N5C1W3

Listing courtesy of CENTURY 21 HERITAGE HOUSE LTD..

$650,000
8
BD
4
BA
3,227
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$650,000
MLS®
40849584
Days on Market
49
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
8
Bathrooms
4
Living Area
3,227
Subdivision
Ingersoll - South

Property Description

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:5764)

Additional Information

Ownership
Freehold
Subdivision
Ingersoll - South
Parking Spaces
6
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Heating
Radiant heat, Natural gas
Total Number Of Units
4
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks