256 Oxford Street , Ingersoll, ON N5C 2W1
Ingersoll, ON N5C 2W1
Description
Free hold with Zero condo fee Fully maintained 12-unit apartment building in the heart of Ingersoll, Ontario. The building includes 11 two-bedroom, one-bathroom units with kitchens, parking and mailboxes along with one-bedroom unit with a kitchen and bathroom. The three-story building, approximately 12,000 sq. ft., is situated on a 0.717-acre lot. Conveniently located near grocery stores, amenities, parks, recreational facilities and a hospital with easy access to highway 401 and public transit ensuring a diverse tenant mix. This solid brick building has undergone various interior updates, including new complete Roof instatlled around 6 years ago. New windows installed less then 15 years ago, updated exterior doors and a new roof installed approximately six years ago. The property is being by two boilers. The property offers reliable gross revenue with significant potential for added value. It presents an excellent opportunity for savvy investors seeking a lucrative venture in a growing area with ample potential for increased returns. The most tenants living from long time.
Details
| MLS# | 40641631 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 32 |
| Listing Provided By | Bridge Realty | Satnam Chatha |
Features
| SQ Feet | 12,000 |
|---|---|
| Story(s) | 3 |
| Zoning | R3-9 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Oxford |
| City | Ingersoll |
| Postal Code | N5C 2W1 |
| Area | Ingersoll |
| Subarea | Ingersoll North |
| Community Name | Ingersoll North |
| Listing VS Median (in Ingersoll North) | |
Price: $2,499,000 low | high Med: $747,900 SqFt: 12,000 low | high Med: 1,716 $ / SqFt: $208 low | high Med: $436 On Site: 32 low | high Med: 127.000000 | |