Property Information:

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 all units occupied, 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: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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Demographic Information of 119 CARROLL STREET, Ingersoll (Ingersoll - South), Ontario, N5C 1W3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$111,309.20

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.31 %

High school certificate or equivalent

35.31 %

Apprenticeship trade certificate/diploma

7.04 %

College/non-university certificate

24.68 %

University certificate (below bachelor)

1.53 %

University Degree

11.12 %

Commuter

Travel To Work

By Car

91.61 %

By Public Transit

0.0 %

By Walking

3.34 %

By Bicycle

0.0 %

By Other Methods

5.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.24 %

Houses

89.76 %

119 CARROLL STREET, Ingersoll (Ingersoll - South), Ontario, N5C 1W3